Oil extraction and consumption is a very complex issue, and
I am not this diary is not intended to be that deep. This is not to say that peak oil is not a worthy topic for discussion, or that our love/hate relationship with the Revolutionary Dictator Legally Elected President of Venezuela Chavez should not be debated, nor that any dependence upon Iran, another nation we love to hate, should not be given long and hard consideration.
Global climate change is real, and clearly we need to take action now - including the reduction of our dependence on petroleum - assuming it is not already too late.
But this diary isn't about that either, it is simply about the greed and hypocrisy of the oil producers, a rant by any name, and there is more over the fold...