@Micheal Wilhite- The oil companies are so regulated here in the US that they can't blow their noses or wipe their butts without government approval. Jimmy Carter kindly showed OPEC that back in the 70's when they tried to pull off their oil shortage and he put a freeze on the fuel prices, you know the oil shortage that had tankers lined up all up & down the coasts, bays and harbors, sitting there for months at a time because they had no place to unload, Yea that oil shortage. Carter had the balls to stand up to OPEC then out of the clear blue sky, the oil shortage was over and the coast lines, bays and harbors suddenly started clearing of all those tankers (yes I'm old enough to remember all those ships (tankers), watching them sitting there dead in the water for months at a time everywhere you'd go up and down the coast). We have the oil reserves they can release and flood the market forcing the prices back down, then replenish it back with the lower priced oil. So yea, as i said before, its the government allowing these prices go run out of control, when they CAN do something about it, rather than allowing it to run amuck causing the price of virtually EVERYTHING go through the roof and forcing businesses to fold, causing the unemployment rate to rise at record rates. It was this reason that GM, Chrysler, Fannie Mae, Freddie Mac, ECT., to go bankrupt, not for the reasons our precious government tried to feed up, when oil prices went through the roof, shipping went up along with the prices of everything else, forcing all those businesses to fols knocking people out of jobs, so how are people with not jobs suppose to buy new cars or new houses, much less pay for the ones they got when the have no job? and how are these companies suppose to stay afloat when nobody's buying? so again, whatever comes out of the white house is generally a crock, The Obama & Bush administrations took us from a rich, thriving nation to the brink of a third world socialist country and he has the audacity to even consider running for a second term? God help us if he succeeds.