Originally Posted by Mako

Has nothing to do with either the Clinton or Bush adminstrations. Nor does it have to do with the Middle East. Read a nonpartisan book or two on the subject before mindlessly spouting the same old anti-administration rhetoric.

It has everything to do with existing refinery capacity, our addiction to SUVs, the fact that we haven't attempted to regulate oil companies and exert more control on where they spend their massive profits each year, an exponentially growing Chinese middle class who are buying cars at a faster rate currently than Americans ever have, and most of all, commodities speculators who have literally gotten rich off of the oil index rising so quickly, and now seek to hold it in place as long as possible.

Now you're in the know.