Heh... If I were a conspiracy theorist... NAH... nevermind.

We're still going to run out eventually, and gasoline won't get any cheaper at the pumps.

As long as the dollar stays down the price of fuel oil will still be high.

..and as long as Americans continue to believe the price of the barrell is really the reason gas is so high...it will be high.

(As soon as the oil company's stop reporting billion dollar record breaking PROFITS every quarter I'll believe them. Anybody else notice the $.10 hike in gas 2 days before the heavily travelled holiday?)

How much profit is "too much".
How do you determine that amount? Is it just total dollars of profit? Is it profit margin? You do know that oil companies have one of the lowest profit margins of any business.

Gasoline prices are high because of a number of factors. Profit margins are the least of them.

The refusal to allow for domestic drilling, the fact that no refineries have been allowed to open in many many many years which results in dramatic bottleneck in the supply end, the massive regulations that are placed on the business, the massive amount of taxes, all of these - and yes - profit all add to the price of gas. As does the drop in the dollar as dolly pointed out.

Profit is just the least of the reasons for the high price of gas. The price of a barrel of oil is one of the reasons for the price of gas going up. Oil being twice as much as it used to be will have an effect on gas prices. However if we were able to drill for oil here and had enough refineries to quickly produce the gas needed, prices would be lower.

Oh and gas has always increased before memorial day weekend. It is supply and demand.

With the development of unregulated international derivatives trading in oil futures over the past decade or more, the way has opened for the present speculative bubble in oil prices.

Since the advent of oil futures trading and the two major London and New York oil futures contracts, control of oil prices has left OPEC and gone to Wall Street. It is a classic case of the "tail that wags the dog".

A June 2006 US Senate Permanent Subcommittee on Investigations report on “The Role of Market Speculation in rising oil and gas prices,” noted, “…there is substantial evidence supporting the conclusion that the large amount of speculation in the current market has significantly increased prices.”

What the Senate committee staff documented in the report was a gaping loophole in US Government regulation of oil derivatives trading so huge a herd of elephants could walk through it. That seems precisely what they have been doing in ramping oil prices through the roof in recent months.

Link to Article

America has ample supplies of natural resources. All, We as Americans, have to do is shut down the left wing liberals and DAAAAArill. The wildlife will adapt. I will not.
SIMPLE.

You're an Idiot.

you can not prove one freakin thing this blogger said here. Dumbass. ask me how I know? because this hole rant is fckin bllshyt. Thats how.

__whole.... my bad.

Indeed.