Comments by "Joseph Martin" (@josephmartin1543) on "Kadri Simson asks Europeans to reduce energy usage as Putin tightens grip on gas!" video.
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Comm. Simson : Fact is Oil and Gas Companies refuse to drill for more to keep Prices up, it's pure greed. Look at the profits of the top EU & US Oil & Gas Companies : By the end of August, they will have made an extra € 200 billion in profits , as long as they don't drill too much , just enough to keep prices around the € 100 a barrel of Oil and € 120 to 150 for Gas, LNG and Diesel equivalent. It's a perfect Cartel, and since the Politicians don't demand more production because they are corrupt , everything is great for them . Why the Politicians don't order more production ? Because the Asset Managers, Hedge Funds and Private Equity that control Big Oil, Gas, LNG, Weapons and Minerals are giving high paying Jobs to the families of these Politicians, so they all are very happy.
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