Even The Exxon CEO admits Oil prices are Bullsh*t‏

http://www.google.com/hostednews/canadianpress/article/ALeqM5gpASrr6qWjpy5YmsyURukse_6TJQ?docId=6193659

"Tillerson pinned the rise in oil prices on the perception of future shortages rather than actual problems. He said traders are pricing in a "risk premium" to account for Libya's political situation. Oil executives in both Saudi Arabia and the U.S. have made similar statements.
At an energy conference in Houston, Youcef Yousfi, the Algerian Minister of Energy and Mines, said, "There is no shortage of oil in the market." (Exactly what I have been saying for the last 11 years. It is all complete bullsh*t)

"When people see that the supply is at a normal level, the price will go down," he said. (The supply is at a normal level and the price isn't going down.)

Tillerson said Exxon Mobil Corp. was recently forced to stop buying Libyan oil because of U.S.-imposed sanctions, yet the company didn't have trouble finding other sources of crude.
"And we're unaware of anyone who is having difficulties." (No supply problem of any kind.)

http://thehill.com/homenews/news/150027-democratic-leaders-want-obama-to-tap-strategic-oil-reserve-as-republicans-see-traction-in-rising-gas-prices

So when Democrats start talking about tapping the strategic reserve to increase the supply they are either naive or lying about what the issue is.

When Republicans start talking about we need more offshore drilling they are also naive or lying.
The only thing that needs to happen is all the speculation need to be removed from the market. No more speculators period. The price is the price and the market should not be a roulette table. Congress should make it a priority to make this illegal.

Too bad I am the only one talking about it. Since I am everyone should enjoy the $3.80 gallon of gas.