I personally think the oil market is being manipulated in many ways. Auto makers want to sell alternative vehicles that they have sunk billions into. The politicians do not want to interfere with free enterprise. The Green tree huggers want all green house gas emissions to stop altogether. Why would oil companies if supplies are tight not want to build more refineries? The profits are enormous what do they do with the money? Give it out as dividends! So if we were really in a significant crisis wouldn't someone do anything about it? The political environment created the last oil embargos, which resulted in the gas crisis of the 70's, which I remember well. As far as I remember there has not been any shortages to date since then. You can buy all the gas you want for the price that is set. Annyway this is just the ramblings of an old fool. New administration things will change, they always have.