nozzlerage.com is a website that features videos about cars and the environment. The website
nozzlerage.com is not only necessarily about cars but about oil as well. Specifically and to be more exact
nozzlerage.com has taken a humorous approach on a very important issue.
That is the issue of oil and how the prices of oil have been rising so much lately. The editors of
nozzlerage.com are against the oil monopoly that the Oil producing countries have.
nozzlerage.com claims that the monopoly of the Organization of the Petroleum Exporting Countries(OPEC) can be broken as long as people know what is going on. Personally I don’t think that OPEC is to blame for the looming oil crisis. We all are to blame to some extent and the ones that have to take most of the blame are speculators and the ones who have allowed speculators to drive oil prices higher and higher. I really don’t like to think that oil prices going up so much is an outcome of the “clash of civilizations”. Someone really has to be very ignorant to think that this is about a battle between east and west. Especially when there is huge market, a globalized market that sits in between these two world, the oil producers and the oil producers. The problem, in my opinion lies in the underlying dependency of the West on oil and not on OPEC. OPEC was created to protect the oil producers not to create monopolies. Think about it. How much do you think a barrel of oil costs to be produced? You drill a whole and it comes out right? Well, producing a barrel of oil actually costs less than one third of the price being sold. Then why is it costing so much? Well, the point that
nozzlerage.com fails to get is that after the oil is produced it has to be turned into fuel, gasoline. Who do you think runs the refineries? Well, not the members of OPEC. Who do you think participates in the markets? Who buys oil futures? All I am saying is that there is more here than meets the eye. It is one thing to point the finger and an other thing to understand. I reallu like how nozzlerage.com states that knowledge is power…Nevertheless, what
nozzlerage.com fails to understand is that the right kind of knowledge is better. I like the argument that
nozzlerage.com brings forward however. The argument about how there should be no dependency, how we should re evaluate out dependencies. That is all fine. I like when a website gets me thinking, a website like
nozzlerage.com.
