I know, this is F'n Bullsh.. I passed a gas station (here in Charlotte) this morning and gas was 3.69. In the afternoon it was 4.29. Long lines everywhere. I paid $4.09 close to my house and just had to wait for 1 person in front of me. The thing that gets me is that the gas has already been paid for, so the stations are just gauging. Crude oil has not been lower since April. When a barrel of oil goes UP, gas prices go UP. But when oil goes DOWN, the price of gas doesn't respond at the same rate!!! THIS IS F"N BULLSH... The american public is literally being "bent over the barrel" and something has to be done about it. Speculators raise the price of oil based on disruptions of supply so the price increases YET DISRUPTIONS IN THE SUPPLY NEVER OCCUR. More Bull .
The other problem which SHOULD BE NONEXISTANT is refining capacity. We haven't built a refinery in this country in 30 years. We know we need them, but all of the tree huggers insist "not in my backyard". On a daily basis,we do not refine enough crude oil into gasoline to meet that 1 days supply in this country. We actually import 15 million barrels of gasoline a day to meet our demand. I think that is outrageous for a supposed 1st world superpower. Let's build some refineries, drill for oil here, build more nuclear power plants, find a way to reduce our dependency on oil, AND STOP ALLOWING BIG OIL TO us in the !!!