Dave5577

The Global Oil Scam: 50 Times Bigger than Madoff

Oil demand longterm is increasing. Exploration and development/production costs longterm are increasing. Therefore oil prices should increase longterm. Many spikes and pull backs can occur along the way to much higher oil prices longterm. Quit denying the obvious fact that longterm we are looking at much higher oil prices. If we manufacture government market control over something as basic as oil trading and hence oil production/development we will generate much worse shortages of the product than we would have otherwise. It would be a terrible mistake. But some people want to control the availability of hydrocarbons to make artifical shortages. They will have their way and all will suffer for it horribly. Some big guys with government connections will make alot of dough. Keep the governments out of this area. To allow them to meddle ...a mistake!