Doug Korthof

The Global Oil Scam: 50 Times Bigger than Madoff

Of course, part of the power grab by the oil megalopoly was killing the Electric car.

If there were a competitor to oil in cars, the price of oil would fall to something like the price of extraction -- $6/bbl.

No, there's no shortage of the commodity, and no "free market". It's a "managed market" in oil, and the scam is real. Ironically, the exchange name, "ICE" is the same acronym as used for Internal Combustion Engine.

Without the oil-fired car "needle", the oil "drug" would not be so profitable; note that oil, unlike cars, is burned and leaves us nothing but the pollution. At least with cars, the junk cars get recycled, and the materials are still saleable.