Fuel prices have officially reached an inflation adjusted all time high. While crude oil is a dollar denominated commodity and the dollar remaining weak against all other currencies, we can expect to pay even higher prices by year end. The huge oil conglomerates have us hooked when we believe $2.00 per gallon is a good deal. The mysterious refinery capacity at a high and no new refineries being built in the future, get used to the high prices. I think it is all a bunch of B.S. It is merely a result of corporate greed. 10 billion dollar profit per quarter is absolutely ludicrous. I guess that is what we get for electing an oil man for president.
