Oh man, what a scam. Oil prices have decreased below $50 a barrel, don’t you feel lucky?All the oil companies have dusted off their documantation to convince the public that supply has outlasted the demand. Do you buy it? Have a look at this Energy Financial picture from GE, how self serving can they be?

The oil business is booming, look at the production of these companies. Oil production is being over supplied? Why not cut production? You don’t have to be a brain surgeon to figure it out.