AP lives in the dreamland where somebody more powerful than you runs everything.
Oil is scarce.
OPEC makes it more so.
Every energy trader understands that supply and demand rule the market, yet you insist that the traders themselves somehow dictate the price you pay and not the market place? Take off your tin foil hat dude.
Your point about the Gulf war is meaningless. Prices ROSE 10%. That's a lot dude. And did you ever consider the fact that invading a hostile nation might actually reduce the uncertainty (and therefore increase the supply) of oil deliveries? It's a lot more complicated than "Hey we went to war with an oil nation and gas only went up 10 cents).
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