[thackney]

Excerpted for AP content...

[mountainlion]

I think the costs of development of oil is insignificant next to the cost of doing business with the Goberment. Permit fees, taxes, EPA regulations, Anti fracking groups are all driving costs up. OPEC is running scared of the US oil and at war with our economy.

[Parmy]

Another problem is speculation and speculators. It should be mandatory that a speculator be required to take possession of the product of intended speculation.

That would curb the multiple sales of the same product before delivery that increases the speculators price, which in the case of oil creates a false price and false economy.