Originally Posted by WhiplashDug

$11 a gallon gas? come on.. thats ridiculous! Not going to happen (at least not right now - or this year).

The reason the prices are moving, is because there is too much demand - not enough oil. But that will all change soon. The Saudi's are just as concerned with the high prices as you are - as if it gets too high, they know we wont buy any more. At some point the people in this country will wake up and demand that the US drills for its own oil and builds more refineries. It might also help to establish a national formula instead of making different formulas of gas for every state.

Regardless - the prices will begin to drop, as supply increases. The Saudi's know we have more oil burried beneath our soil than they do and at some point Americans will just get fed up and DEMAND we get our own oil out of the ground. They've actually already called a meeting to deal with this very topic.