Y oil prices still moving up?who is really controlling the price?

No one entity controls the price...for example there is only one non government oil company in the top ten, world wide!


Politics also play a large part. Natural disasters, lack of sufficient trained workers in some instances; environment concerns withold discoveries etc. etc.etc.


The stock markets also play a large role..traders and shorters affect the price to some extent, but as you can see


the price depends on many separate causes, very often not working in tandem. This is a very complicated question. Dont listen to the politicians..they are not intersted in the truth, only in furthering their own careersY oil prices still moving up?who is really controlling the price?
the 5 oil company's.Y oil prices still moving up?who is really controlling the price?
the government, they are looking for more money.
the feds are in on it too..
Bush! George Bush has ruined this whole country! Why did people vote for him? TWICE?!
No one ';controls'; prices as long as the government is uninvolved. Each oil company sets its prices, and consumers choose to buy or not. The problem is that the demand for gas is very steep, and when the price jumps a lot, our consumption goes down very little.





There is a possibility that they are collaborating, but most economists agree that the incentives to cheat on the deal are so great that a deal like that is essentially unworkable.
oil controler