The Forum > General Discussion > Oil prices and the party/Government Monopoly
Oil prices and the party/Government Monopoly
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Instead,Bush threatens OPEC with a law suit.While they dither,their own economy is faltering and their Govt loses tax revenue due to a shrinking economy.
Apparently we have only used 18% of the known world oil reserves and the rest should last aother 140yrs used at the present rate.
Greed and fear of global warming [or is it cooling?] has more to do with increased prices than real shortages.