Building a new refinery is no simply thing. Even if the money is available, and there has been since the last refinery was built back in the...late 70's early 80's I think...there oios still a lot of local activism to prevent it from happening.
Not saying big oil isn't making new money all up and down the line, but to blame them for all the world's woes without owning up to non-oil's contributions to the supply and demand equation is naive.
I bought an H2 because I care less about saving gas..that being said, lately to work in my CTS-V I keep it in neutral and coast down the hills to the office. Trying to make it thru a week without having to buy a tank.
Just glad to see around here not a lot of idiocy trying to fill up while 'the gettin's good'. That short term mentality will only encourage the middlemen Stop and Rob gas stations to shove price elasticity into the rigid zone...
One more thing...lot's of families and spenders are employed by US energy sector. I still believe Reagan had it right with trickle down, and disposable income is what's keeping this economy despite high energy prices and the war in Iraq.
My 2 cents
OilPatchAugs
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