Enough is enough.

Can someone explain to me how an entire population of consumers can be so easily and totally duped. EVERYDAY WE ARE GIVEN THE EXCUSES FOR THE PRICE OF FUELS yet nobody questions the sources for this bullshit, nor do they question those who transmit said BS. The following is more BS By George Jahn, Associated Press Writer, which I will follow with my thoughts (BS?).

Light sweet crude for August delivery was up 50 cents at $145.68 a barrel by afternoon in Europe in electronic trading on the New York Mercantile Exchange. Earlier, oil had traded above $146 a barrel.
The contract rose 10 cents in Monday's floor session to close at $145.18 a barrel, just over a dime short of the all-time settlement high. It has traded as high as $147.27 a barrel, a record set last week.

Threats to supply in Brazil, Iran and Nigeria have been keeping oil near the record levels hit last week.
A five-day strike by Brazilian oil workers that began early Monday has cut the production of Petroleo Brasileiro SA, or Petrobras by about 4 percent, according to the state-run oil company. Oil workers are striking at 33 rigs in a dispute over pay but only two rigs were totally stopped, Petrobras said.

Also, tensions remain between Iran and the U.S. and Israel over what the two allies say are Tehran's suspicious nuclear programs. Investors worry that any worsening of the standoff has the potential to disrupt shipments from OPEC's second-largest oil exporter.
Still, some analysts say they expect an easing of pricing later in the second half of the year. (What the F%#K)

"We've started to see weaker demand in the U.S., but we don't expect this to help lower prices until the fourth quarter," he said. He expects the price of oil to average about US$143 in the third quarter and about US$137 in the fourth.
Also, a weakening of the dollar helped to support commodity prices Tuesday. Many investors view oil and other commodities as hedges against inflation and a weakening dollar, and their prices tend to rise as the currency declines.

Point one, when have there not been mid-east tensions? We have been at odds to some degree with Iran for 28 years. Pakistan is more volatile than Iran and we all but helped (Probably did help) them attain nuclear weapons.

For those who still use their brains for things other than to figure out what they next will submit to, try if you can to remember the oil crisis of the 1970s. There were actual shortages...gas stations were OUT of fuel. So some 30 years ago when there were a hell of a lot less autos and fuel stations we were actually OUT of fuel in many places, yet the price NEVER DOUBLED let alone almost tripling.

Also, for all this time we have been told all the reasons for the higher prices. Yet now with no real reason as to why, we are now to believe...."Still, some analysts say they expect an easing of pricing later in the second half of the year". (Supposedly due to decreased demand even though there have NEVER BEEN ANY SHORTAGES!!!!!!!)

If there is no more a definitive theory than that why must it take 4 or 5 months to see a decrease when the same logic in reverse creates higher prices overnight.

TWO WORDS: GREED and MANIPULATE!

The saddest thing is Mahmoud Ahmadinejad actually spells out how to solve the US/world economic oil crisis.

.....Ahmadinejad reiterated his view that oil should be sold in a basket of currencies rather than U.S. dollars, an idea which has failed to win over other OPEC members, except Venezuela.

"A combination of the world's valid currencies should become a basis for oil transactions or (OPEC) member countries should determine a new currency for oil transactions," he said.....

The reason this is not accepted by most is it takes out the ability for "Wall Street" to control so much of the game. They want to use the weak dollar as a defence to the high prices, yet when offered a way out the say no...why...because they are getting richer and richer off of our backs.