Fuel & crude, right up there with gold & currencies, are among the easiest of commodities to manipulate; the profit potential is massive and along with it the consequences as well. Much has been written about the new-found resources (domestic) and with it the belief that user-energy costs will soften with a supply increase; but not so fast!
It is important to remember the fuel/crude prices move in the global commodity of commerce where the customary metrics of supply & demand are truly not the final arbiters of price. There is far more profit in manipulating supply & demand and this function, market manipulation, is the most potent commodity of all. Fuel prices will remain high (than actual supply/productive capacity would otherwise dictate) simply because of the collateral advantages offered by the commodity of manipulable market realties.
Think of this: If the West can clamp-down on Russian & Iranian energy supplies what is the net effect on those who meter the alternative energy supply line? In what direction(s) do the occurring revenues flow away from and ultimately to? The current economic conglomeration relies more on price inflation for profit than productive wealth-creating capacity. It is also important to remember that a Capitalist FEARS Free-Market Economics and for one very good reason; they are forced to compete in order to profit. You see, in today’s world value is measured in the broader expanse of deception!
Curtis C. Greco, Founder
