Worldenergy Blog

Oil Market Woes in Congress, to Export or Not to Export

Wednesday, July 22, 2015

I remember reading rumors about the vast amounts of oil locked in the Mid West as Internet spam, and the conspiracy theory that the US was using imported oil before allowing its oil to be developed.  Rumors that hyper efficient cars or electric cars were being stifled by the industry and rumors of price fixing.  It seems now that every time the price of oil kicks up the conspiracies come back with a vengeance.  So has anything changed, as the price goes up will we once again see the conspiracy theories abound? read more