A Pricing System for Oil Sales

[Economist]

Oil is a vital commodity , an essential element for living and production and to all aspects of life. This commodity amount is limited and by time it becomes more costly and more rare.
When you investigate the consumption distribution of oil across the world, you will be amazed how wide the gap between the minority rich countries and the majority poor countries. The West is enjoying cheap oil prices compared to disasterous high price for the rest of the world. Why a Western can buy this commodity at the same price a poor Asian or African is buying it ?. This is quite unfair and quite arrogant as well .
Oil sales MUST be priced and conducted through an intrernational organisation to secure fair pricing system that is based upon the average income of each country . I think this idea would be very effective to hold back the ever open apetite by some Western states on oil consumption.
Let us all admit, that sooner or later, nuclear energy will make the solution to oil limited amounts. The dangers of atomic energy must be faced with more safety measures and advanced controls and surveillance techniques, make it available for all.
It is time to give oil some appreciation instead of wasting it on lavish living of the rich.

[Mack]

Economist , This is quite a breakthrough idea to curb the open apetite of the rich on reckless consumption of this precious commodity.
When the USA pays 150 $ for a barrel of oil, when Western Europe pays 160 $ a barrel , and African central pays 20 0r 30 $ a barrel, when central south Asia is charged 40 $ a barrel, China 45 $, Thailand 50 $, and so on, when that scale of pricing (or any other) is put into effect, you will see miracles, the world can live in more harmony and peace when each is charged according to his wealth.
Oil prices are a disasterous element for most of the world's troubled economies.
Why a USA citizen drives a stupid 8000 cc engine vehicle, while an Indian is crushed upon oil prices for his 100 cc bike ?, they're paying the same ratio of their income but with much waste for the first . Is that fair ?

[Jaguar]

Atomic energy for industrial and domestic use is going to be the only economic source of energy sooner than we all think. This enrergy must be available to the major consumers of oil, especially those growing communities with high population like India, Pakistan, China and Brazil. The others too have the same right to acquire and develop atomic energy facilities and fuel processing, A monopoly on technology for atomic energy production and fuel processing is absolutely rejected and condemned. Let the whole world work the way that suits its development and growth, each country must have the full liberty to develop and secure its future. Those who are scared of freedom are those who who are freedom enemies , who think only of themselves, who work only to maintain superiority on others.

[Singh]

A fair " Oil " pricing and distribution system is very essential to put an end to the reckless consumption of oil by the first rich world people. The problem is how to legislate it or apply it .
Oil companies would resist such a system, the rich countries would resist it too. Then who has the power to implement such a plan ?,
I think that poor countries should unite and ask for a fair distribution and pricing system, otherwise, they should prepare plans for massive built-up of atomic reactors which might increase the hazard of accidents.
Poor countries must prepare for the future with more vigour and persistance.

[Aussie Dave]

Can anyone please direct me to a list of oil prices to countries around the world.
I know that here in Queensland, Australia we are paying exhorbitant prices for petrol.
Today we are paying $A1.30 = 36.24Tbht per litre.
this price is subsidised by the state government @ 8 cents per litre, so the price really is $A2.10 =58.55THB
per litre.
This price is for city and town pumps, but when one goes outback to far country areas its much higher.

[Rooster]

This is such a Hoody idea and far cry from Maoist ideology. First of all, NO OIL Producing countries will accpet this Hoody idea. Beside, they will send out their Islamo-terrorists to derail such plans. OPEC will not allow anyone elses to set the price of their oil. UN is a political body and is too incompetent to deal with such political issue. Russia has shown how it could be done when they nationalized and returned the stolen oil companies back to the state. It is whether these western and other countries have the will to nationalize their oil companies. Another thing that these poor countries could do is for them to form a co-op buying power.

[Caspar]

Poor countries must prepare themselves for conflict with the rich West. Economic or even military conflict seems unevitable. But the poor must unite and face the West's reckless consumption of vital natural resources . This is a matter of life or death.
As long as the West builds armies and fleets to supress the poor countries, there is no genuine peace in sight. Only a peace of the mighty upon the preys.
A good idea when there is an " Oil Bank", where each country shares with funds based on consumption of oil per capita, the bank will pay or charge according to the deviation of those rates from an average figure. Let the rich finance the rise in oil prices, and let the poor have a chance to enhance their standard of living.

[Renzo]

Oil producing countries and companies are in a race to meet the rising demand on oil. They are facing a new challenge , new refineries are required, new pipelines with enormous lengths and huge capacity are seen urgent, building of new super tankers are in process, exploration for new fields and new techniques to suckout the last drop of oil from each well. Offshore oil rigs with its huge costs and risks. Oil prices are rising because the costs are rising and the demand is at rise too.
When we look at who are making this chaos, we find that the USA is alone responsible for almost 60% of the hikes, while Europe for 20% and China and the rest of the world for the remaining 20%.
The poor countries must be allowed to sign long term deals (10 years min.) with fixed oil prices , these deals are financed by loans from the world bank without interests or taxes.

[Rooster]

Aussie Dave. Oil is a commodity product. The price is controlled by producers who controlling the outputs. The commodity market than trades these oil futures. Refineries and middleperson also set the prices which are depending on the demand and the future speculation. Governments also caused the prices to go up by their tax systems. There is no shortage of oil, but there are increased demands from developed countries like PRC and India. The demands are out pace and out growth the existing refining and shipping capacities beside the turmoils in the gulf region.

[Caspar]

Renzo , The USA is floating upon huge oil reserves , but still, it wages unjustified wars to secure overseas supplies . The USA is quite aware of the coming shortages in oil production, and it is persistant on being the last one to survive on this planet.
I think Europe is the only one qualified to play the roll of the DETERRANT power. It can stand by the side of the less fortunate and save the world from the selfishness and greed of the USA oblique ideologies.