Crude oil is a worldwide resource, so blame for the current crude oil price must be placed globally as well.
Some oil producing countries will lower production for no reason.
Others have manipulated crude oil prices apparently out of spite.
Still others use more crude oil than they produce, simply because they don't have the oil resources of other nations.
Oil is a limited, non-renewable energy source.
It must be used and managed responsibly by all nations so that current crude oil prices become more reasonable for everyone in every nation.
By Big Mike
2007-11-11
Current crude oil prices(4)
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