[PugetSoundSoldier]

In other news, as oil rose 2% today, the dollar slid another 2% against the EUR, the GBP, and the CAD indicating that the rise in the price of oil is not from the cost of oil, but the declining purchase power of the dollar...

[Rodney Dangerfield]

And the Dems will still refuse to consider any further domestic exploration/extraction.

[Big_Monkey]

"the rise in the price of oil is not from the cost of oil, but the declining purchase power of the dollar..."

I think (and I could be way wrong as commodity trading isn't my strong suit) that the dollar devaluation is only exacerbating our problem. But, the rise in oil price is Global, not just regional or national.