How can we stop the oil producing countries to taking exorbitant profit on sale of crude oil?

Most of the developing countries are adversely affected by


their profit hunger and miserably that is also misused as


we all know.How can we stop the oil producing countries to taking exorbitant profit on sale of crude oil?
Lower the price of oil by coming up with alternative energy sources. If oil were worth $3 a barrel, those countries would be forced into the modern age in their political and economic lives. Or they would just become poor. Either way, they become less of a threat.





To do that (says Tom Friedman), we need a ';Manhattan Project'; - big investing on new technology - like the one Bush should have announced instead of going to war on Iraq.How can we stop the oil producing countries to taking exorbitant profit on sale of crude oil?
Can you stop MF Hussain to taking exorbitant profit on sale of his painting?


Can you stop Amitabh Bachhan/ Shah Rukh Khan to taking exoribitant charges on services of acting / advt. etc.


Every one has a right to sell anything at any price.


You have a bldg. You can sell it for 10000 or for 10000000/-.


A bldg. opp. Modern School on Barakhamaba Road, Delhi, worths above Rs 50 crore is donnated to Arya Samaj.


Buyer can opt for other modes.


You can use gas in place of oil. Save oil, use ghee etc.
By finding alternative energy solutions.


There's no other fair means in capitalism.
We (in the west), have long held the belief ';He maybe a bastard. But, he's our bastard!'; And, throughout the cold war, we would turn our backs on certain practises, carried out by friendly Governments.


Now days, oil producing countries are wiser. They now know, that it is they who have the power.


Therefore, it isn't an easy path to tread. We can say '; we will not support or aid such a regime!'; They can say, '; we not sell oil to such hostility!';


The only way forward (I believe), is to specify areas, where we would withhold aid, or support, tell them why, all the while ensuring aid and support going to other areas is going to other areas.


Make sure any country breaking these terms suffer the same fate.


Lastly and most importantly, we most show how effective good governing is.
Well, let us first look at the major region of the world that extracts crude oil: the Middle East. Since 2003, George W. Bush has been sending troops to the Middle East in order to find the fictional WMDs Iraq was supposed to have. Yes, we found Saddam, removed him from power, and recently executed him for his war crimes, but we never found the WMDs.





Why am I bringing this up? While our troops were in Iraq, insurgents have been attacking ';liberated'; targets, such as crude oil pipelines and pumps. On top of that, a portion of the crude oil is held in the country to fuel the war effort (no intended pun).





On top of that, the crude oil that reaches us have to go to the refineries. One of the biggest, and also a backer of the war effort, is Haleburton. They refine the oil into gasoline and other petroleum based products. A large portion of the refined petroleum goes straight back to the government to help the war effort and re-elect war backing officials. The rest of the refined petroleum goes to us, where inflation kicks in on our puny wallets.





Now, why did I go over all this instead of answering your question straightforward? Because the crude oil prices are currently low enough that at least 50c off of the gas prices can be dropped. However, because of the war effort, the energy crisis, and the suppression of research into alternative fuel sources, the refineries are free to overcharge patrons of this non-renewable necessary resource. If we want the price of gas to drop, we must push for an end to neocolonization, the end of gas-gussling vehicles, and a renewed interest in alternative fuels.
The answer is simple - reduce the global risks.


Currently the political risk is about 50-60% of the price of oil.


There is Iraq, Chavez, Iran etc...


You remove these factors and the price of crude will be around 25-30 $/Barrel...