Before the invasion of Afghanistan oil was $12 a barrel. It then shot up to over $148 a barrel by 2008. After falling back to around $25 it then climbed back to well over $100 a barrel.
Oil is by no means a scarce resource, as is now evident by the fact that despite the massive concerted effort by the global energy monopolist Hofjuden over the last 15 years to artificially inflate the oil price by manipulating our puppet governments into illegal and senseless wars and scam us all via AGW fraud, the price of crude is once again in free-fall.
The world is awash with oil, always has been and always will be.
We all need to demand access to cheap reliable energy. As we have evolved to use energy as a fundamental part of our way of life, it is now a human rights issue.
Energy monopolists destroy regional and global economies with their untold, relentless greed and must be dealt with in the severest terms....OPEC has had a 'ball' at the expense of the planets population for decades by 'pushing the price higher & higher' ... now their days are over & to flog & transport their oil will cost them dearly! ... after all we are only talking 116 actual individuals that own 81% of the global oil stocks (then) & artificially kept the prices so high ... now there's black gold everywhere & their 'ransom days are finished!'.
OPEC is a price-fixing cartel (an entity that is illegal in some of its member countries) and the United States has found a way to be less dependent on some of its more ........ objectionable members. Ergo, the price of oil has fallen and the OPEC members in the Middle East have less leverage in American politics.
Oh dear. How sad. Never mind, eh?
It'll rebalance itself fairly soon as the global price of oil makes American fracking uneconomic. So wipe your tears with your keffiyehs, lads. It's only a temporary situation....Oil price falling ???...GOOD, Don't suppose it will last, but it may slow down the buying up of Central London by odious, over-privileged, non-working Arab parasites.