AOMORI, Japan (AP) – Nations should fight rising oil prices by cutting subsidies and vastly increasing investment in energy, while oil-producing countries need to ramp up output and divulge more information about how much they produce, the U.S. energy secretary said Saturday.

Samuel Bodman, attending two days of meetings in northern Japan among energy chiefs from Group of Eight industrialized countries and other top economies, said the surge in world oil prices was largely a simple problem of supply and demand.

Production has stalled since 2005 at 85 million barrels a day, while economic growth – particularly in China and India – has pushed demand ever higher, Bodman said before a meeting of ministers from the U.S., Japan, South Korea, India and China.

“We’re in a difficult position where we have a lid on production and we have increasing demand in the world,” he told a small group of reporters, dismissing the effects of speculation and unclear inventory levels and other factors on oil prices.

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Energy chief: Flat production behind oil prices

I am going to say this as bluntly as it needs to be said, we are in an oil crisis and it is of our own making, we are not out of oil, the world isn’t out of oil and we won’t be out of oil for another 100 years, we have HUGE oil resources, and Canada is awash in oil, it’s all a question of production and environmental issues.

It is my belief that the seriously destructive oil prices that we are seeing right now are a deliberate attempt to bankrupt this nation, and I believe OPEC is at the heart of it all, and while not all of OPEC is Arab controlled, the vast majority of it is, and Arab means Islam, and Islam has vowed to destroy the American people, do you see a trend in this?

The Arabs seek to bleed this nation dry of money, a bankrupt nation is a weak nation, and once we are weakened to the point of being totally helpless, then the Islamification of America can begin in earnest, and make no mistake about it, that IS their ultimate goal, and we are paying them to do it to us.

From Newt Gingrich: At a time when the Congress should be finding ways to lower the amount of cost to put gas in your wife’s car, they are actually proposing to increase the cost of gasoline, increase the cost of diesel fuel, increase the cost of aviation fuel, increase the cost natural gas, and increase the cost of coal. This is at a time when truckers are at a danger of being put out of business. Airlines are in danger of being put out of business. It’s just absolutely amazing. SOURCE

Ladies and Gentlemen, we can be free of the exorbitant oil prices, we have the solution, right here in America, it’s right under our feet and all we have to do is allow the oil to be drilled for, but that means taking on the Dem congress and the EPA, we can do it, a magnificent effort is under way and if you’ve not yet heard of it, click THIS LINK