CaptBob

OPEC: The Saudis Have Left the Building

The bottom line is drawn across the bottom of the Earths oil reserve pit.
Is that all there is??? Ans: Yes, and any single country in an attempt to manipulate price cannot add a single barrel!.
Spectacular finds like Brazil's not withstanding , check the stats--each year the Global production goes down, the consumption goes up--and nothing else is needed to increase prices.
To date, Alternatives are a joke and conservation a chuckle. To turn this around someone lacking lobbyists in congress will have to offer the consumer head on competition with fossil fuels.
This was supposed to happen when oil reached $30 a barrel, and made alternatives profitable. So what's afoot???
I don't know, but in the meantime either reach for your wallet or pedal!.