Absolutely, Rastus.
I was reading an article about this the other day. The last time gas was $3.60+ per gallon, oil was around $145 per barrel. ...............................................*As a side note, I did also hear a local area report that gas demand had dropped 25% in our area over last years numbers. With the trickle down, and increase of prices for everything else related to fuel prices, we're seeing a lot less RV's, boats, and ATV's being towed compared to this time last year.........looks like folks in my neck of the woods have been squeezed to squealin'.
I have slowed down from my normal speeds and added mpg. These prices suck and this last run up falls squarely on the back of Obama and Secretary Clinton not providing leadership. If Colonel Mommar Ghadafi (sp, I know) was to be punished it should have been quite some time ago. He complied to a number of demands since his terrorist actions so now the world sees us as someone who demands compliance and then punishes anyone who falls in line on a whim. Leaders could have prevented the foreign intrusion into Libya's business and this entire mess would have been over by now and prices down.
Of course, we are so consistent we stuck our nose in Libya's business so why not Syria now, or Iran, etc....same situations...what gives? I really think Europe was pissing down both legs worried about refugees and offending their mooslim populations...in our Administration's thinking...who knows...looks like they want to expand islamo-terrorists in plain site.
Energy provides productivity....the world is on an oil based economy...like it or not. Oil is the foundation for modern economy....as an energy source nothing else has the impact at the low price (relative low price) plus portability and safety of use. Sure I like hydro, etc...cheap power...it's not portable nor available to a lot of places....NOW THINK....biggest economy in the world....economic foundation is oil (energy) and if you poison the well what happens? It is not untoward to open one's mind to the possibility that these senseless forays are more than just incompetency. The random acts of stupidity exhibited by the Adminstration are the result of intelligent people's decisions...again, it is not untoward that "stupidity" is not being used as a camoflauge for cold, calculated decisions. A "coup de grace" is too readily apparent, it's the death by a housand cuts that goes unnoticed by the sheeple.