"P. Fritz" wrote in message
...


Once again........he fails to get it.....it has nothing to do with
"unstability" it has everything to do with supply and demand.

A black market is basic economic reaction to a guvmint restricting
supply.........the price on the "black market" is simply a reflection of
the ability of suppliers to meet the demand.......based on the risk
involved.

The government is not restricting the oil supply at the moment, and neither
are the Saudis. There is no black market for oil in THIS country.



War creates a higher demand, and often has a reduced supply because of
damage to production facilities.

"Demand" means the desire of consumers to use more of a product. Other than
the presence of lots of fuel guzzling military vehicles, please explain
WHERE you believe the excess demand is coming from, and why.



The current Iraq conflict is not the reason demand has escalated, nor has
there been a major disruption in supply.

Again, specifically WHERE do you see increased demand? Name countries and
finished oil products in your explanation.