Now whos being the deluded populist?
Erm...no...its almost ONLY supply and demand![]()
Compitition is not going to change the fact that oil is going to be harder and harder to get out of the ground, they can't afford to cut prices too drastically becasue they need the profits to invest in new equipment to get the stuff out of the ground as it becomes harder and harder to do, that will cost money as will any resarch they do into safer nuclear or fusion or any other new energy source.
They CAN'T have some Ryanair style price war over oil prices.
On the verge of a major energy crises giving up control over our energy supply is sheer lunacy.
We already lost billions due to the incompitance, lack of foresight and gross corruption of Ray Burke with his deal on oil and gas off the west coast, lets not make the same mistake twice.



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