Frank Lynch, president/owner of Somerset Refinery, ties the gas price problem directly to issues of supply and demand and terrorism.
Supply and demand is "strictly the main issue" when it comes to fluctuating prices, he
also said gas prices are "based on the world marketplace" and the many factors which affect it. He
further attributed the problem to "interference by terrorists," referring to the destruction of oil pipelines and other terrorist activities. He
said some countries which are allies to the U.S. are facing oil shortages."They can't seem to buy it." Lynch also said political issues in Venezuela, which has one of the world's largest refineries, is affecting the world's oil market. To drill, or not? In line with general oil industry opinion, Lynch
contends that opening up more domestic oil sources is the way to go.