
Shortages via policy are both directly increasing prices and over sensitizing the market to even the smallest supply disruptions; but taxes are still more (51.2%) of the price of gasoline than that earned by everyone from the retiree who bought stock, the geologist that found the oil, to the clerk that sold you your last tankful.
http://www.fiscalaccountabili...





















Also I have a 40+ miles per gallon car.
Harley davidson 50 miles to a gallon!
I think obama said as much.
Spot markets will be back to below pre-recent peak levels so fuel prices are going to come back down.
All of this is as a result in the instability of the Middle East and the profiteers of the commodities markets.
In Other Words, The commodities profiteers are driving the price back up so they can sell again and make some more profit on the backs of the consumers.
I commute on foot - at least my pair of legs dont need gas
but FYI, before Obama came in, the gas prices dropped to half of what they are now.
http://gasbuddy.com/gb_retail...
Don't believe me? check gasbuddy and see for yourself.
Enjoy it while you can, guys.