[QUOTE=sw1911;549826]Facts, not ********.

"The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world."

Oil companies do not control the demand for crude oil.

It is fact, not ********, that the present administration is doing everything it can to depress the domestic supply of crude oil and natural gas. Even so far as pressuring Wall Street to not make capital available for oil and gas exploration and production.

Do the math.[/QUOT

You might want to Google the quotes from at least 4 CEO's of major oil companies in which each of them say they are not interested in increasing production, but are interested in continuing the increased money stream to shareholders. Wonder why? Institutional and individual greed to keep their jobs with bonuses from the shareholders. We have been living in the new robber baron, gilded age since 1981. We have our own brand of oligarchs.