A few simple truths. The oil companies don't and can't control the world price of oil. Neither can the politicos. As one astute observer pointed out, they own a very small percentage of oil wells. They are primarily in the business of extraction and refining.
There seems to be a very vocal element here without any understanding of the basic economic fundamentals. I suggest a course of study in economics. This same group could also make good use of a course in logical debate and manners.

I am always amused at the cries for more taxation and more regulation. I urge you gentlemen to take a very hard look at what taxation and regulation have done for much of the world. http://europe.theoildrum.com/node/2653

Finally, I have appreciated very much the logical and factual posts made here and urge anyone who is really interested to check your facts and not accept blather as any sort of well reasoned argument.

Out.