Plenty of crude for sale by the Asian markets, guess they are not using
all the crude if they have plenty for sale.
While I don't have any oil wells, I do have natural gas wells. When a
natural gas shortage is reported I can look at my paperwork and see that
the production company just stops flowing gas from the wells. I know
that the same is done when oil shortages are reported, they just stop
pumping to create a shortage. In other words the shortage is created by
the people who control the flow of the product-the companies themselves.
Which in turn gives them the right to raise the cost to us-the end user.
Just my 2 cents.
D.R. Jones