[FixitGuy]

Everyone I know is limiting their driving to going to work and for business purposes. Recreational use is way,way down on the list.

But the more we conserve, the higher goes the price.

This is far from economic cause and effect.

Can't prove it, but those who think this situation is okay, I will bet are those who can afford to pi$$ their money away or are in some way reaping this windfall along with oil companies.

[listenhillary]

Why do I still see people driving 80 miles an hour on the freeway?

They could shave 15% or more off of their gas bill doing 65. I guess it is more fun to bitch and moan about the gas price.

[JohnD9207]

But the more we conserve, the higher goes the price.

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No evidence of reduced oil consumption yet. When that happens YES supplies will increase and the prices will drop.

[listenhillary]

I will bet are those who can afford to pi$$ their money away or are in some way reaping this windfall along with oil companies.

Psst! They did own Exon stock. They're dumping it now, because they are investing in ethanol plants and alternative energy stocks. They're also dumping Exon stock because the "people" and politicians are determined to destroy our oil companies because they committed the crime of being profitable.

[Sam Gamgee]

You are not factoring in demand outside the US - namely China and India. Nor are you considering supply. We are left with only a handful of regions with stable oil supply - Canada, the US, Mexico and Norway - and some offshore from Scotland - but that all goes to feed the UK market. The rest of our supply is in basketcase nations. Nations like Russia that no oil man trusts to do business with. Nigeria that has a civil war about once per week. Venezuela run by deluded socialists. And then the crazies in Saudi Arabia and Iran.

[Rte66]

Cars aren't the only things that run on hydrocarbon fuels, i.e., the derivatives from that barrel of oil we're all discussing.