But other factors, such as those mentioned in the OP, also have an impact on prices.

America is sitting on a years worth of oil reserves. Gasoline is our major export. Do you not think that we could easily weather a pipe breaking (which never happened, it was a speculators rumor). The price of gas and oil is completely controlled by speculators. They enrich themselves and guarantee that the oil companies make record profits each year (even though WE still give them huge subsidies).
The new election advertising was saying that Obama was (is) connected to the big oil companies and was allowing them to rape us at the pump. I know that Obama is too tight with the financial industry and the pharmaceutical companies. I don't think that big oil is a friend of his at all. Until we publicly finance our elections, American citizens will never have a say- so in policy.


edited for spelling

As we've seen, any rumor will do.

Thanks to 9/11, Iraq and Afghanistan, war with Iran isn't going to be the easy sell they were hoping for.

Its the sabre rattling which is the real issue.

Ever think that maybe the same folks who prosper from speculation also have the ability to start whispering campaigns about Iran? Folks like Darth Cheney who have their hands in both business AND gov't?

These fuckers are all connected via the ol' boys private clubs and it would be not to think otherwise.

The oil companies raise the price of gas because they can. Simple as that.

falling prices at the pump.

Prices won't fall in any meaningful way until after November.

If we don't keep the pressure on Iran, and attack it on Israel's command, then prices keep going up. WE CAUSED this fall in prices, because we are soo good at national secrutiny and forrin affairs.

Dem. Response: The market is broken. Instead of insuring adequate supplies at fair prices, futures markets have become a haven for crooks and speculators.