Black and white- The problems with oil and a good part of the rest of the economy is due to trading with India and China. When trade was normalized with these countries people saw an availability to obtain cheap goods and fast money. They did not realize that how they were selling our country and economy out. The oil prices are going to go up simply because of demand. These prices will further be pushed up by the world events/speculation. Now that we have been buying Chinese and Indian made goods for a while their economies are becoming stronger at the expense of ours. Now that these economies are becoming better the people of these nations are not only using oil to produce goods for the rest of the world but the people of these two largely populated countries are looking to buy cars instead of riding bikes. Well with their two combined populations being ten times what the US population is you can understand that if everyone in their country is buying a car it will increase the oil demand by ten times what ours is. Our oil demand is very high so adding a huge demand like this will absolutely make the price go up. BTW What part of this scenario did Bush have anything to do with. I could have swore it was Clinton who normalized trade with these two countries. I didn't hear you slam Clinton for all the royalties he made selling out American jobs to these two countries. Hell He made a fortune in cosultationm fees for outsourcing. The guy was president for 8 years and is now worth 116million dollars. Somehow I don't think he made that as his salary from being president and or his speech fees!!! It is easy to blame Bush but he is not and was not the real problem. We were sold out before him. I am sure he is just carrying on the tradition!!!