[JerzyIroc]

Well it usually takes 1 1/2 -2 years to refine crude oil to gasonline. In 2006-2007 it was 50-65 a barrel. That's one of the many ways exxon mobile as well as others (including huge tax breaks that they're pocketing) are able to make billions of dollars profit. they're charging 3.5 a gallon when it should be about 2.25 or so even with inflation. Can you imagine how expensive its gonna be when it comes time to actually pay for the $200 a barrel it cost them?? $5 maybe $6?? I dont want to make this political.. but some say to drill. Well, whos gonna pay for it? Its gonna take 3-5 years from the time they get the go ahead to the time they actually start pulling oil. Who's gonna pay the billions its gonna cost for the exploration and the infrastructure and all the other costs of drilling? You think they're gonna be noble and take moneyu out of their profits and pay for it? HA no way. They're gonna ask for more tax breaks and charge more. More reason for us to go hardcore with other types of fuel AND drill on a smaller scale. That way we have various options of fuels. And the little oil we'll need, we're getting from the good ol US of A so we'll actually be paying what it should cost....Let china go nuts over oil......

speculation is such a scam...high wind strikes refinarys...big deal that **** won't fall down.
AMEN. Speculators are the biggest scumbags in the face of the earth. i know its horrible to with death on someone. but if every single speculator would just die right now a horrible horrible death this world would be sweet again...