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Oil is up nicely this morning. The game works. It does not matter that everyone, granny included will pay at the pump. The game works!!

So I looked at the news. I expected something important happened to explain why this spike. Nothing, except "the speech". Oil traders know what O said makes no sense. Now they can suck drivers dry since they have more evidence nothing serious will be done in the US to reduce consumption, and the price can go up and up until unemployment goes to 30% this time around.

Where is the gas tax which what will really cause a 30% reduction in imports in 10 years? Where is explanation that oil traders are speculating and driving up prices (again)? Instead we get drill baby drill and biofuels. What a disaster!11

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