Alot of Idiots posting on here. Gas prices have nothing to do with the president and its not in his ability to do anything about it. Its these scum bag oil speculators that drive up the price of oil based on things that may or may not happen thus the term "futures". So these freaks see something thats going on in the world or think something might happen they hit the panic button and drive our gas prices up for no reason. These piece of $_it speculators are Americas true enemy! Anyone that is in this business should be on a list just like sexual offenders so that the American people can know where they live. Public hangings should follow.

Hmm, Lets see; several refineries closedl earlier this year plus "we" are selling distillates to foreign countries.  Maybe we are seeing speculation driving the price.  Where are the President and the fed enforcers?

1st.  You could start with, stop making Corn -Gas-ethanol.  There is no reason to federally  fund farmers to grow corn for gas.  They currently drain tile every pot hole or water source.  They have tilled up natural prairie and virgin land and the Govt pays for both failure and expotential profits.  STOP that federal funding of our money to millionaire farmers.  

 2nd. Get the President to allow the new Keystone pipe line. "Supply & Demand" ( he will probably do it in early Nov. for votes, not for the right reasons)

 3rd., Stop over regulation of the oil and gas industry. " Too much Govt"

 4th, Put less emphasis on costly electric vehicles and put that effort into natural gas fed vehicles. 

5th  Put the brakes on the speculators who drive up costs and skim profits. 

6th Eiminate 50% of the EPA

Hockeydude777,

There is a pipe line it's called Burlington Northern. In case you haven't noticed there are mile long trains after train with brand new tank cars transporting this stuff. This pipe line is still being constructed in Oklahoma and will eventually will happen just not without have some safety standards in place. 

Some of  us are forgetting supply and demand. India and China are entering the 20th, if not 21st Century(!) and are catching up to the West in energy demands. As a result, energy prices are expected to rise because of fuel scarcity. You can only blame speculation so much for so long. I think it was author Dambisa Moyo("Winner Take All") on Book TV who pointed out that there is a newly discovered petroleum deposit in South America that could provide billions of barrels for decades. The bad news is that it''s under about 2 miles of salt. Not a cost effective source. That's what we're slowly coming to, difficulties in extraction. How long can we stay under $4 with this mounting demand and dwindling supply? We're starting to see some of the effects of post-peak oil with fees for whatnot in air travel and with manufactuing coming back, albeit "insourced." More to come(refer to "20 Dollars a Gallon" by Christopher Stine for possible scenarios in $2 increments, but no specific timetable except one proven wrong early in the book).

funny how allot of the posts point fingers at oil companies and spectulators, when will people realize its the mid-east countries milking the world?

drill in US and fk the middle east, let see how well they cope when 40% of the demand goes away

end the dependency