OIL - OPEC - The law of supply and demand.

Unfortunantly with so much of the earths economy dependant on fuel its not likely the consumer will "ever" get the advantage. There's a locked in demand so the producers have all the advantages. If they want the price to go up all they have to do is say their cutting back production even if they really don't.

We really need to tell OPEC "where to go" and stop buying from them. The article said OPEC produces 1/3 of the oil being pumped; that leaves a lot of other sources and more are being discovered every day. OPEC Countries are: Algeria Indonesia Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia United Arab Emirates Venezuela The majority of these countries are NOT our friends or they only pretend to be friends with us. There are a lot of other oil producing countries in both North and South America. Africa is just starting to locate and access their oil fields. As a matter of fact, EVERY continent has oil being pumped out; so, it is time to tell the OPEC bullies where to go. Of course, it doesn't hurt to start increasing the production of renewable energy sources - solar, wind, water, etc. Leave the oil for transportation (until we can get more advanced in that area) and power the rest with renewable resources. That would make it even easier to tell OPEC to take a hike!

Speaking about oil, consumers won't get advantage soon. In my opinion, we just need to find other alternative resources as soon as possible before we run out oil. Oil resources are going to be less and less in the next decades. If we want to strengthen our future economy, we will need to find those alternatives. Otherwise, we still depend on it and we are also begging of it from time to time.

The best way for consumers to get the advantage is to find something other than oil to supply our needs. Once we find a way to run everything on something other than petroleum products, then OPEC and their oil will be irrelevant. Of course then someone else will most likely be artificially inflating the prices for4 the new energy source...

The only way we will get the upper hand is to no longer need the oil that is being produced. If suddenly, we started manufacturing cars that used alternative fuels or were extrememly effficient and oil demand was in a downward spiral, then they would start throwing oil at us to try and make us dependent. Until then we at the mercy of the oil producers.