Re: Gas Economics: Why Prices Are Rising & Drilling Won't Help

First off the oil companies in the U.S. have a record high supply but not enough demand for fuel in the U.S. so they are actually exporting it. The truth is no politician will admit that the Gov. is the reason why prices are going up due to their failed bailouts of "Quantative Easing". If what you say is correct of why gas prices are high because there is imbalance in the Middle East but ask yourself when was there not an imbalance in the middle east? Before Clinton there was desert shield and desert storm with Bush Senior so your logic is flawed.