I want the TRUTH!

I demand an investigation into the symbiotic relationship which BIG OIL has with left-wing politicians and environmental activists!

Even a child can understand the effect that the law of supply and demand has upon price. If demand rises without an accompanying rise in supply price will rise. If demand falls without an accompanying reduction in supply the price will fall.

What has happened in the oil market is that the developed world has continued to grow, increasing their demand for oil, while the economies of China and India have exploded. Those two nations are busy building a massive industrial infrastructure with the accompanying need for electrification.

This has resulted in a sharp increase in the demand for petroleum. However the world supply of petroleum has not increased to match that increased demand. Therefore consumers are bidding up the price of the now scarce commodity.

Marginal reductions in demand are possible through conservation however marginal reductions in demand only yield marginal reductions in price and are overwhelmed by the ever increasing demand from Asia.

The obvious answer to the problem of high oil prices, and the high gasoline and diesel and heating oil prices that go with higher per-barrel prices for crude oil, is a dramatic increase in supply. Since most OPEC nations' only export is petroleum it is not in their interest to do anything to reduce the price of oil, at least not by much.

The best way for the American consumer to get relief at the pump would be for America to increase its own oil production. This can be easily accomplished by removing the legal restrictions on drilling in Alaska and on the continental shelf in the Atlantic, Pacific and Gulf of Mexico. Removing the legal obstacles to the mining of oil shale and coal would give the confidence they need to invest the billions which would be required to bring coal liquefaction technology to the US and begin exploring the most efficient way of extracting the oil from shale.

I have heard that coal liquefaction and oil shale extraction both require a per-barrel price of $75.00 to be profitable. The price of crude is currently over $130.00 per barrel. The time to begin drilling and mining would seem to be now since within 10 to 15 years the US could more than double the world's supplies of oil. However the domestic oil companies are currently reaping massive profits from the increased world price of crude and if we began exploiting our domestic resources that would reduce the world price of crude to $75.00 per barrel and lock it in until advances in technology brought the price down even more.

Right now BIG OIL is making money hand over fist and the only downside for them is bad will from consumers, which they cannot do anything about, and the prospect of a "windfall profits tax" being imposed on them by politicians. However any kind of tax is simply a cost of doing business which they will happily pass on to the consumer.

So it is not in BIG OIL's interest to increase supply and who is providing them with a ready-made excuse not to develop our domestic reserves? No one but the left-wing Democrats in the United States congress (and some turncoat Republicans like John McCain)!

THAT'S RIGHT! The lunatic fringe environmentalists and their bought and paid for Democrat lapdogs in congress are IN BED WITH BIG OIL in a conspiracy to fleece the American consumer in order to line the pockets of the DNC, The Sierra Club and DICK CHENEY'S BUDDIES IN THE OIL BUSINESS!!!!!!!!

I demand that politicans like Nancy Pelosi and Charles Schumer be put UNDER OATH and forced to explain why they are doing the bidding of BIG OIL and helping BIG OIL steal from their constituents in order to increase the already obscene profits of DICK CHENEY'S BUDDIES IN THE OIL BUSINESS!!!!!!!

When did the Democrat party and the environmental lobby go on BIG OIL's payroll? How much are DICK CHENEY'S BUDDIES IN THE OIL BUSINESS paying Al Gore to spread his global warming alarmism?

The American people have a right to know!