THIS IS NOT A SUPPLY SIDE ISSUE. There is plenty of oil supply side. So please stop going on about drilling. Drilling more will just give the same speculators a LARGER market to corner and BIGGER PROFITS to reap from doing so. It will NOT lower costs in the short term, and it might not lower them at all.
This whole issue is really simple. YOU ARE BEING RIPPED OFF BY BIG BUSINESS. Speculators now account for about 70% of all benchmark crude trading. Banks are driving up the prices because they can -- they know demand won't go down.
Gas could fall to $2 if Congress acts, analysts say - MarketWatch