President Bush's recent pronouncements regarding the need to conserve Oil and general concern about gas prices have to be taken with a pinch of salt.
I know the late night comdedians and Senator Chuck Schumer have been holding Oil companies accountable for the spike in Oil prices , but the facts tell another story. Its simple demand supply economics were the same oil companies price gouging when Oil was less than $20 a barrel?
Well the one thing somebody coming in from abroad into the states notices, is the profusion of cars, as a boss of mine said "Only poor people take the bus". And since the republicans keep winning i am forced to think there are more rich than poor in the states. When gas was cheap, the SUV's did roaring business, supporting the American way of life, ie a huge house(meaning place are more far-flung) , life in the suburbs, 2 car families and soccer mom's putting in more miles than a union truck driver.
You can't lay all the blame on the suburbs , true. The political instability amongst the major Oil producer's has played a starring hand as well. I remember reading a national geographic article more than a year back about wether this was the peak Oil production that the earth was capable of. Well thats a hard question and natuarally there will be extremely intelligent people arguing oon both sides. Given the circumstances currently, we will be remiss in our responsibilities if we do not consider that possibility.