Set the price of oil ?

Question Details: Question Details: ';This has got to be politics.';


When you set the price of oil you limit oil's availability. Thus the price of gasoline goes up as the supply goes down. And the price of gas goes up again. Having worked out in the domestic [USA] oil fields this summer I note that every little well in America is now pumping reducing the dependency on foriegn oil. In fact ';wildcats'; and farmers are out there ';wringing out their oil rags'; trying to get every drop available to market. Which pays an average price much lower than what we pay for foriegn oil. Within the past two years the price for a barrel of domestic crude has riased and lowered affecting the price of gasoline very little. The current system should be left unhindered as it has actually reduced the pump price for gasoline.





Anyone else agree?Set the price of oil ?
Yep. They tried it in the 70s and that is exactly what happened.Set the price of oil ?
Not to mention that if the price oil doesn't stay significantly high we will never see all those other inventions that will free us from the oil economy. People are always using the term ';think outside the box';. It's time we start thinking outside the barrel. Which ever politician made the remark should be voted out due to being ignorant.