I was watching CNN and i like it sometimes. I was watching this argument today. Every quarter since Bush has been in office, the Oil industry has had multi billion dollar profits. Profits, not supply and demand, that is after all is said and done. It costs OPEC $4 a Barrel to get, treat, and market oil. That is the FINAL cost, READY to be in our gas stations. Which then gets marked up to $67 per barrel. Later the gas stations add their gouges and taxes. Last quarter the oil industry had a $34 BILLION profit... yes PROFIT. That's the PROFIT, not overhead payout money, etc. So, who wouldn't be happy to have gas at $1.50 / gallon? The dudes with $34 Billion in their pockets. They would only make $17 Billion PROFIT PER QUARTER if that happened! That would be only $68Bil per year profit, compared to $136B. When talking to an 'oil tycoon' all he could say was: "how much would it cost for a gallon of Scope MouthWash?" and "You can't go to the movies for $.50 anymore either." Fuck no, i can barely afford to start my car in the morning let alone drive to the theater. Well i started another gas thread, im sorry. We all know how high the prices are, and they won't be coming down any time soon, but i found this information very informing and maybe you will too And WTF Bob Denver died! $67 per barrel - 94% is $4.02 >>OH my 300th post!