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mattisawesome · 05-20-2008, 05:15 AM

Quote:

Originally Posted by Stryker

Am I the only one who is bothered by the fact that the oil market is controlled by a "CARTEL" which by definition is ILLEGAL in the US?? Also the oil producing nations such as Venezuela and Saudi Arabia are paying $0.12 and $0.78 a gallon. But on the other hand other countries such as the Netherlands and Norway have it much worse than us.... This is the very definition of "price gouging"....

It bothers me that oil is controlled by a CARTEL but you can't do anything about it but get your oil somewhere else. We can get it from our own sources...it is the only way. The Saudi and Venezuelan governments heavily subsidize the cost of oil because their fields are controlled by the state. As for Europe "having it worse than us" that is bull crap it's their own fault. I have a bunch of guys from Europe I work with that tell me how lucky America is blah blah blah. The fact is half of the price they are paying is government tax. Gas is 5 pounds/gallon in the UK which translates to $10/gal here but $5 of that $10 is government tax!! OPEC isn't doing that.