[chuckwalla]

It's very simple.
There is enough oil for another two hundred years of current usage. However by that time we will no longer be using gasoline engines.
There is abundance of oil and only politics and greed are keeping the price high.
Are you going to tell me that if someone suddenly came up with an engine that ran on rain water the price of oil would not plummet in order to keep the oil companies alive?
It's like taxing booze and cigarettes. People get addicted to things and can't do without so make them pay more because they will.
We are in a sense addicted to oil and can't do without it so whatever is charged we have to pay.
Why then are the Saudis concerned about ANWR and their prices if it is at rock bottom now?
It's greed. don't buy their line about shortages so the price must rise

[Double Tap]

Like I said, you don't know what you are talking about.

There is enough oil for another two hundred years of current usage. However by that time we will no longer be using gasoline engines.

Got any facts to back this up? I doubt it, as even the experts don't really know what the viable reserves are.

What you don't know, or are ignoring, is that oil companies can't make any money on oil if the prices are at $20 or there about. So they cut back on exploration of new fields, they cut back on just about all aspects of production. Then the supply starts to get thin, and what happens? Demand starts to out do supply. Then you get escalating prices and when the price gets high enough, exploration and production begins again. That is what is happening right now as we speak in the oil service industry.

You really didn't answer the questions though. I'm not suprised. It is much easier to whine about conspiracies to take the little mans money than it is to look at the facts.

Try to answer this question please. How much tax do you pay on a gallon of regular unleaded? Both Federal and State tax please.