Saw an ad on somebody blog where you can get 2000 TV stations on your computer. Well hell-I have 185 on my TV now and only have 35 on my favorites list. And of those I only watch about 10 with any regularity. That’s just what I need another 1800 or so stations I don’t watch.

I just read that Exxon’s profits are up about 10.5 billion. Kinda makes this pic more real.

 <a href="https://mybloggers.com/cgi-bin/blogapp/img.cgi?image=72088851.jpg" title="Click to use this image!"><img src="https://mybloggers.com/host/images/72088851.jpg" border="0" width="349" height="367"></a>

Now before you Democrats all get started on bashing Mr. Bush, this isn’t his entire fault. Your people in Congress haven’t done a whole bunch to get us out of this mess. In fact if you get right down to it us, you and I are the problem. We are the cause the price of a barrel of oil has gone up.

Are you ready for a quick primer on why we are the problem?

No we are not using more gas.

There is no gas shortage.

Oil is a commodity, and like any commodity at any one time there is a finite supply.

A large part of our investment market is what is called “The Futures Market”. That is where you can buy a commodity now for resale at a later date. Your gamble is that you are hoping the price will go up by the time you have to sell it.

When other investments became more risky and people began to lose money they looked for new areas where they could invest and see a profit.

Oil (and energy) futures became more attractive.

When more people want to buy the same thing and there is only so much-the price is going to go up.

WE through our investments and even our retirement plans are raising the price of that gallon of gas.

Yes this is over simplified, but it is still the truth. To quote Pogo “We have seen the problem and it is us.”