I don't know anything about the petroleum industry of the petro markets, but I wonder if the problem isn't so much OPEC manipulating the markets as it is that our Federal government won't allow full exploitation of the oil, natural gas, and coal that we have available here in the US.
It seemed to me that the price of gas went down significantly last summer when the US announced that we were going to drill off-shore and in ANWR. Then, after the election, the US decided that wasn't a good idea and that we are not going to exploit those resources. So now, the foreign oil producers can set their prices again wherever they want them.
Who knows? The news media gives a different reason every time the price changes.
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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