Have you noticed the Oil Price increase now that the Economy has started to recover?

Well, prices always go up in the summer, because they know everyone is out driving around.

But you're right, because Middle Eastern governments pay al-Qaeda not to bomb their oil fields. That money, of course, comes from people who buy their oil -- us. The money we use to fill up our gas tank goes to buying Kalashnikovs and explosive devices that al-Qaeda uses against our troops:

http://www.timesonline.co.uk/tol/news/world/articl...

http://www.washingtonpost.com/wp-dyn/content/artic...

I think that's the idea. The have's and the have more's (oil CEO's and investors) are going to do very well, and the middle class is footing the bill, and if we had to deal with this another 8 years, our economy would go under. Thank Heaven next year is an election year. The current situation has absolutely nothing to do with supply and demand. The prices are being artificially jacked up, and CEO's are retiring with 400 million dollar retirement packages. It's robbery, plain and simple. Jan. 20, 2009 is going to be the first bright day in a long time for the middle class. I'm having to buy a lot of gas on my credit card. Thank Heaven I don't have a long commute, or I wouldn't be able to make it financially.

Are you really sure of that, the increase is probably from the new taxes Obama wanted to impose. Remember, He said that he did not have a problem with $4.00 a gallon gasoline, just that it happened too quickly. Why is gas going up faster than the price per barrel? I think it's the government controlling the price, not the Oil Companies.

But yes, we need to get off our dependence on Foreign Oil. Drill at home.

Yes. It has nothing to do with demand of course. Since the Stimulus bill lowered with holding of pay check taxes the Oil producers want to get that money just as that direct stimulus check had gone right to them when they rose the costs to over $4 a gallon last year. And if it were just a matter of riding a bike or walking that would be fine.The higher prices are also going to be on food and all other things we as humans need to survive. So we need to not eat? Not buy needed medicines (costs more to transport them to the hospitals and retail outlets).

It's summer time. Get off your tails, purchase a bicycle and boycott oil. Let it flop! Our tax dollars may bail out the industry. Who really cares? Ride your bicycle or walk around town. Take the train and airplanes when traveling long distances...I guess a greyhound or Amtrak commuter bus if you have to. Seriously, the reason that they can play around with the prices is because you will keep buying it.

Besides, you have more time to collect your thoughts when you ride your 21-speed or stroll somewhere.

Lazy, entitled Americans...

EDIT (as I am not done): I say triple the gas taxes and let the government put it in an account that will magically get drained one day, just like every other account that they have since so many of you are in support of taxing my tobacco that I CHOOSE to purchase.

The economy isn't recovering the oil companies are just cutting production to raise the price.

Gas prices always raise in the summer-

But I agree we need to shift from oil-

The economy started to recover? News to me...

Couldn't be that the oil market is finally reacting to all of the money that the Fed has flooded the market with, could it?

I have noticed for at least my entire adult life that oil and gas prices go up in the beginning of the summer.

WHEN did the economy "recover" ???

GM just closed 1100 dealerships.

Chrysler just closed 1000 dealerships

GM is bankrupt

AIG is bankrupt

CitiBank is bankrupt

Housing market is dead in all but 2 or 3 small towns

MY business is still DOWN....

MY 401K is still DOWN....

DAMMMMIT.... how come I didn't get a memo that the economy recovered?