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Newsflash: the "free, open market"
isn't open at all.

Controlling the world by controlling oil

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Is there a huge oil field in the Caribbean that is north of Cuba and Haiti?

Oil geologists say "yes there is."

Question: In a world where oil is scarce and expensive to drill (see fracking), why is this huge field not being developed?

Answer: Because there is a lot more to oil than supply and demand