Common sense questions about gas prices

[Phoebe Loosinhouse]

1. Has the % of true INCREASED DEMAND been reflected in dollar per barrel price? Is the actual demand more or less than the % increase per barrel.

2, How much is actual demand influenced by speculators and hedge funds?

3. What is the reaction of the rest of the world? Have their price increase at the pump been along the same lines as American increases?

4. What specifically is this administration here and now doing to reduce the price of oil for our citizens?

5. What is our administration here and now doing to develop and encourage alternative power sources?

6. What is this administration doing here and now to protect American consumers from spiraling energy costs?

7. Are tax incentives directed towards new energies and American independence from fossil fuels more important than a tax cut for the wealthy?

[TheFarseer]

1. I wonder about that myself

Yes, we have a real problem, but as some people have pointed out, Peak Oil is not here yet. How much of this is manufactured by speculators price gouging oil monopolies? As to your question of what the administration is doing? Smiling and counting money is my guess.

[Sparkly]

2. You know that thing with Chimpy's jaw moving?

He's getting ready to "jawbone OPEC," just like he promised in 2000.