I move that the Congress begin a full investigation of the oil prices.

I think the prices are complicit of the greedy oil companies, Chimp administration and the war profiteers.

We need to force Chimp to start releasing the oil from the SPR immediately to get the gas prices down.

We also need to begin investigation of the Cheney energy task force, and see who REALLY was in it, and begin preparations for our new AG to indict, arrest and prosecuted on the VERY first day of the job.

Edit: this way, the Rethuglicans TRY to filibuster this investigation - DNC and their opponents can make ads out of this thing, and kick out the morons who's hands are dirty with light sweet crude oil.

Hawkeye-X

:eyes:

"Greedy oil companies" control 9% of world oil. If they gave their oil away for free it would lower prices by 9%, all the way down to $126.00/barrel.

People need to stop looking for the easy scapegoats and start facing reality. Supply is not growing as fast as demand. Good oil is getting more scarce with every passing day. Putting on another Congressional dog and pony show will do nothing whatsoever except give the politicians the right to claim that they are "trying".

The only answer that works is cut demand. Drastically.

Shortages are coming soon. Smaller airports will shut down as commercial airlines drop them from their routes. Globalization is going away as transportation costs exceed the advantages of cheap overseas labor. The world as we know it is undergoing profound systemic changes due to growing shortages of oil, and all the Congressional investigations in the world won't help one iota.

..fun of it.

http://afp.google.com/article/ALeqM5gafZppyEflFyHEsJ_C6-JXB52fpw

OPEC's president says it's our overtly and overly extended dollar that's throwing the market around like this. Bernanke(sp) says he's staying on interest rates and the PPB goes down 6 bucks then here comes some stupid econ news from job rates and it's back up.

Bush DOUBLING the US national debt (to 10.5 TRILLION) has done more to destabilize fuel prices than the 1.5% annual compounded increase due to Asian markets.

Someone was being called on this on NPR the other day and all the guy could do is stutter after blaming the PPB increase on China et al even he KNOWS this "supply" crap is bunk because supply didn't increase 100% since last October.

Speculators are makin a killin on his right now.

Globally demand is up, and supplies are down. Facts is facts. You can't judge a global market on what your neighbors are doing. The real supply shortfalls are happening in the poorer countries first. They'll get here soon enough. Watch for the "Out of Gas" signs at U.S. gas stations by the end of this year.

http://afp.google.com/article/ALeqM5gafZppyEflFyHEsJ_C6-JXB52fpw

See, there wont be an investigation cause congress can NO LONGER FUND IRAQ EVEN FOR A YEAR!

We're borrowing our country out of existence.

I don't buy it anymore.

...but speculators, the dollar and reduction in rate of increase since Bush took office are the MAIN reason.

http://news.bbc.co.uk/2/hi/business/6032029.stm

There is NO WAY IN HELL demand and any other factor could make oil per barrel jump $11 damn dollars in one day!

...supply restrictions and speculators are killin us right now.

See my post above.

Bush goes to war with Iran we're at 200 bucks a barrel, thanks Bush!!!

I'm asking all the reThugs I know why did they vote for Bush TWICE!!!

with impeachment.