Not so much a question of crude shortage but rather the numerous ways to Pump up the prices of refined petro-products.
First Big Oil covers the market in automated pumps that require you to use your time, your credit card and your liability to fill your gas tank.
Then, to get the capital costs for the expensive automated equipment covered there are wars and conflicts in oil basins like the ME, Venezuela, Columbia and Mexico.
There are Iranian gunboat Squirmishes in the Gulf of Hormuz and Al Gore, Suzooki.
For many very wealthy people it is a golden goose system. = TG
Take this post to be a “reader tips”, of a different sort.
What are your investment tips, picks, tricks, and truisms? What’s your “Golden Goose System”? What’s your advise for those without a lot to spend?
i didn’t read a single comment but, we have enough oil from various sources for at least 200 years at present consumption levels ( no crap about prove it, look it up yourself ) in north america. we have a combination of greed and government distorting the market. if we want to as a people we can ease the burden we just heve to act.