Oil at it again....

Oil supplies are up….
http://www.bloomberg.com/news/2010-12-29/u-s-oil-supplies-rose-3-06-million-barrels-last-week-api-report-shows.html

Yet prices are skyrocketing. Prices are up 20 cents in a month and up 40 cents on the year. A barrel of oil is selling at $91.00 a barrel. It was $70.00 a few months back.

Oil Executive predicting $5.00 a gallon coming soon. http://www.cbsnews.com/stories/2010/12/29/earlyshow/main7194381.shtml

You didn’t think BP was going to pay for that oil spill did you? No, no, no it is you who is going to pay. They spill it and you pay for it.

Even if it kills the economy.

SUV prices are taking a pounding. http://www.usatoday.com/money/autos/2010-12-28-suvs28_ST_N.htm

Juice is going to cost you more next year. http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201012291044dowjonesdjonline000279&title=coca-colalikelyto-increase-juice-prices-in-2011

You are going to pay for it over and over again. The government raising taxes is bad. But the oil industry taxing you is just fine.