[Just mythoughts]

I do not know this person, and I have NO clue about his allegations.

HOWEVER, liberals in this nation for supposed dirtworshiping lobbyists have denied this nation to produce its own energy. Populace conspiracy thinking, NO, it is a fact that liberals by law refuse to allow US to drill and/or even explore for potential energy sources.

People dumber than Itinerant Baptist preachers, know darn well that it was not DEMAND for oil that caused the oil price to skyrocket. Most especially when there have been articles posted here regarding the high seas being dotted with supertankers filled will oil holding out for the price of oil to once again rise.

[Rockingham]

Because markets work, I am disinclined to suspect manipulation when prices spike or collapse painfully. However, manipulation is often attempted, always possible in concept, and sometimes accomplished profitably in the short run. Markets can panic not because of demand rising but because future supply seems inadequate or major players get squeezed.

The oil tankers offshore claim always surfaces during price spikes. Keep in mind that gas prices at the pump, the spot crude oil market, and the markets and actual sale prices for wholesale crude are not the same, do not always move in sync, and rarely settle at the same price.

As it happens, there are always tankers offshore, often waiting for slots at terminals, for sale contracts to close, or for demand to firm up. Suppliers acting alone are ordinarily not prohibited by law from withholding supply for those reasons or to wait for better prices. Usually, after a price spike, prices fall when demand falls, and tankers (or fishing boats) dawdling offshore more than normal would be a sign that demand is faltering and that prices are about to fall.

Worst of all is our failure to develop domestic supplies. Even by their own ideology, the Democrats and liberals are idiots in that dirty, CO2 spewing coal is the electric generating substitute for oil and natural gas when oil gets too expensive.

The better course is to diminish coal use by turning to nuclear for electric power, using oil for transportation, and developing domestic oil and natural gas supplies to lessen our balance of payments problem and vulnerability to supply disruptions.

Of course, since liberals hate not just pollution and CO2 but also oil and cars, their hatreds collide and work at cross purposes. Because liberals hate freedom most of all, what liberals really want is for Americans to live like North Koreans, with themselves living like the Kim family.