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To: Manuel Bettencourt
"I don't know why the people who sell oil can't sell it for what ever price they want to!"

The Iranians, Hugo & other anti-American oil barons would love to sell their oil over a $100 a barrel - if they could right now.

I take it you really require a far better understanding of the inner functions of the energy related commodity markets and for that matter supply and demand.

10 posted on 05/01/2006 9:18:03 PM PDT by M. Espinola (Freedom is never free)
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To: M. Espinola

Oil from oil wells has only been comercially used since about 1900 from then until now we are using about 88 million barrels (42 gallons) a day in the world with the US using about 18 million barrels

Don't get me wrong, I have a Ford F350 4x4 that gets 12 miles per gallon, but I still can't see how some day the ride might come to an end, we need alternive energy.


11 posted on 05/01/2006 10:23:51 PM PDT by Manuel Bettencourt
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