Yes, oil is a global commodity but the US is far from a small player. In fact, the US is the largest producer of oil in the world.
Quote:
Originally Posted by gatorbill1
No individual or even country controls gas prices. Oil is sold on the commodity market based on supply and demand. A lot of supply is controlled by Middle East countries including Saudi Arabi. Russia seems to have a hand in pricing also. We are a small player.
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