As long as oil remains a monopoly, we will continue to pay ridiculous prices for it. Give it a competitor and watch it drop to $60 a barrel. Refuse to give it a competitor, and you’ll see $145 again before you see $100.
What is your “competitor” of choice?
How about this: All the “liberals” in New York, Connecticut, Massachusetts, New Jersey, Rhode Island, Maine, Vermont and New Hampshire could STOP burning nasty old heating oil? Oil furnaces and boilers are by far the majority of heating systems in NE and they use 80% of the heating oil in those liberal states.
Hypocrites.
Anyone can play and they do.
In terms of the actual cost of extraction and production, oil is one of the cheapest commodities available to mankind. I don’t know where this notion of “ridiculous prices” comes from.