We still need to drill for oil or do the pickens' plan. When and if gasoline goes to $4 a gallon again, or $7 a gallon as Obama wants, you guys will be begging for more oil drilling.
Gas is currently at $3.63 a gallon up here in Toronto. ($1.07 a Litre)
3.385 litres = 1 US Gallon.
Things are ramping up real quick. A old friend of mine, the cousin of Canada's former health minister just bought out 3 mlm fuel catalyst companies and is about to launch. You're gonna see your prices in the US raise faster than they did before, because this time around, you'll also be dealing with a significantly devalued US dollar. In many ways the raising price of fuel will mask the rapid decline in your dollar, but you will be experiencing both simultaneously. as your dollar goes down in value, you'll need more of them to buy a gallon of gas, as well as pretty much everything... and of course all the usual suspects will blame the inflation on the increased cost of fuel and costs to get goods to market being downloaded to the end consumer, but the truth is, the buying power of your dollar with be severely diminished, while the price of goods & services will be rising. I wouldn't want to be you.
If you thought the pain at the pump was bad before... you ain't seen nothing yet.
