Good for you, wish you many more. If farmers organized a cartel tomorrow and raised the price of staple foods to some great unreasonable amount, do you think demand would go down?
As a matter of fact we have antitrust laws to deal with that problem, we also have a method to deal with the illegal Oil Cartel, but we choose not to, I think mainly because it benefits our own native oil industry.
Before OPEC our oil companies were doing quite well, after OPEC they simply raised their price to match what OPEC was charging, increasing profit with out doing a damn thing but let OPEC take the blame for the huge price increase.
So I don't really care if you ever get a good nights sleep. Any country or group of nations that let themselves be held hostage by a bunch of nuts hoping to blow us to he!!, then I guess we don't deserve to be a country.
Mao was exactly correct when he said we would buy the rope from them with which to hang ourselves.
Oil companies don’t set prices and you don’t have a clue about supply and demand or economics.
I do know that worrying about what you think will no longer be a concern of mine.