Breaking: we made up a story about "finding" abundant oil that we've actually known about all along, but couldn't mention or else oil price would've gone down

Artificial scarcity, like diamonds

Yawn, it always is. There is more oil than bullshit in the World today. But bullshit profits more. Oil you gotta pay assholes. Assholes that arm against you paying them, charging even more. Best to sell bullshit instead, especially if you control it. Of course the bullshit still needs some oil, and now they double their profits, taxing you more for oil, and charging you even more for not using it. Bullshit does that. It profits.