To: miraje who wrote (9486 ) 12/30/2006 11:48:45 AM From: American Spirit Respond to of 224729 Oil costs what OPEC, Exxon and a few others decide to charge. OPEC is a virtual monopoly. Bill O'Reilly, in a rare show of honesty, has stated so many times. When 95% of big opil powers collude and work together it is price-fixing, a monopoly and that's illegal and corrupt. Nowadays there is practically no competition in the oil market except for Hugo Chavez and a few other "enemies" who sell to friends cheaply. Which is a big reason Bushies declare them "enemies". Nobody screws with big oil's windfall profits under Bush. Chavez became our "enemy" the day he said no to big Texas oil firms. Otherwise, Bush coddles plenty of unsavory leaders, so long as they ball with Exxon. You are totally dishonest if you say that some "fair market" decides things. Supply and demand, fine, but they control the supply and the delivery from ground to pump. And they control the trading along with certain pals in the futures pits. Just watch the movie "Enron" and listen to the Enron traders creating the artificial shortages and bottlenecks so as to drive up the prices, then read Bob Woodward's report of Prince Bandar ofering Bush lower oil prices going into the 2004 election. Also, I spoke to an oil exec in Texas last year. He was drunk and (not knowing I was with Kerry) boasted that the industry had been "charging anything we want" since Bush-Cheney came into power with Delay's protection. He then stopped nervously and asked me if I'm a democrat. I said yes and he clammed up and made himself scarce. A rare admission of the truth from the source. Also, if anyone tells you oil wasn't the #1 reason Bush invaded Iraq they're dishonest too. 3000 US soldiers dead and a trillion dollars down the drain for a few Texas oil giants windfall profits. Though bthat didn't work out so well for any of them.