>My guess is that, to understand this alleged crisis and learn if it really is one or not, we need to know WHO SETS THE PRICE OF OIL. by "WHO" I mean, of course, who do these people (who set the price) really work FOR? Do they work for oil companies, who actually do a whole lot of drilling/oil production? Has OPEC infiltrated the select group? WHO ARE THESE PEOPLE?

Hi Jim,
yesterday I watch an economics investigation, which state that major player in the oil price last 3 mothns are US pention funds.
this rising of price do not reflect to the inflation and affect only on stock exchange futures, biggest traders with which are above funds.
Nethier OPEC oil producers, nor oir refinery firms not Oil selling companies has long-run interest in rising of oil prices and they do everything possible to stick lower oil prise.
OPEC rise the capicities of extracted crude to their max possibilities, other tried to lower production expenses, but other bigger play the games.
American penssioners look for larger yeilds, which will let them to live happily