[FloridaGirl]

$this->bbcode_second_pass_quote('', 'W')here is the Shortage? Tell me. I have not seen anything on the news that reported gas station closures due to no gas.

[Pfish]

Before you jump all over Bobcart, maybe you should read what he said about no shortages. People are pissed that the price is high. I have said this before and I will say it again, when people come in with a different opinion than yours, don't chase them out. They are the people you want on this board. The market has made a lot of money on not only oil speculation, but companies that deal in this business. Look at RIG or DO on the stock market. I think his point is, money has to be made somewhere and right now it is in the speculation of oil very similar to the speculation of housing in the US five years ago....

[ROCKMAN]

Good point FlaGirl,

Maybe the phrase "lack of access" would be a good substitue for "shortage" in cerain circumstances. I can offer an example of a horrible situation I saw first hand last year while drilling wells off the west coast of Africa (Equatorial Guinea). Once every week or so I would watch a super tanker take on a couple of millions BO and sale off to Europe. Meanwhile the locals are surviving at a near subsistance level. With a population of only 500,000, their oil wealth ranks them as one of the richest nations on earth...on a per capita basis.

But the dictator doesn't care to spread the wealth. An even more appalling situation regards malaria. The previous ruler (who the current ruler has assassinated) had wiped out malaria on the island capital where most of the population lives. But the new ruler had a better use for the spraying trucks and now malaria is back in full force.

For the local EGins there is a delibilitating "shortage" of oil. To make it worse emotionally, they can see the loaded tankers sail away.....along with the LNG tankers which just started removing natural gas from the country last year. Call it "shortage" or "lack of access" the result is the same.

You might guess I don't view well all the gripping from our drivers about the price of gas when I think back to my trips through town watching the locals slowly starve to death.

[Serial_Worrier]

$this->bbcode_second_pass_quote('Pfish', 'B')efore you jump all over Bobcart, maybe you should read what he said about no shortages. People are pissed that the price is high. I have said this before and I will say it again, when people come in with a different opinion than yours, don't chase them out. They are the people you want on this board. The market has made a lot of money on not only oil speculation, but companies that deal in this business. Look at RIG or DO on the stock market. I think his point is, money has to be made somewhere and right now it is in the speculation of oil very similar to the speculation of housing in the US five years ago....