RV Fuel Issues & Prices - Post 'Em Here!

People can come up with all of the conspiracy theories they want to. but the simple facts on energy pricing havn’t changed much in a century. Oil prices depend on worldwide oil supply and worldwide oil demand. The various forms of energy are also interrelated as they compete for usages. The large supplies of natural gas recently discovered in the South East should be bringing down the cost of gas, oil, and coal as they can be used interchangeably in electricity production (with plant modifications of course.) the worldwide oil production is now at about 85 million bbls a day. Prerecesson usage was about the same and the price skyrocketed. When the recession is over and the worldwide usages once again reaches worldwide production, then prices will skyrocket again The US uses about 25% of the usage and supplies about 5% of the production due to government regulations by our many tree hugger politicians. Our once great oil companies are now just a footnote on the production side of the equation. Exxon used to be number one and is now number fourteen in the world. If our American companies were allowed to obtain fossil fuels with reasonable protections our economy would once again be the envy of the world. The huge supplies of shale oil in the West are larger than all of the oil produced by mankind to date and are under congressional mandate not to be touched. Gas and offshore oil are under similar bas, We do not have an energy shortage, but a political overage/