Grumblenuts
Gold Member
- Oct 16, 2017
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Big Oil is a cartel that decided long ago to cede their monopolistic price control powers to Wall Street. In return they gain relative stability, dollar based foreign exchange, and they get to play innocent victim. Errp, globally traded commodity! We just drill baby drill any more! Refine, refine, refine! Pump, pump, pump! Prices? Out of our hands! They quietly control pricing most at national levels through temporary mandates, concocted wars, release of reserves, taxes, subsidies, etc.The price is not based on supply and demand since the energy companies have a monopoly and can charge what they want, if they want.