no drilling in the US, and the summer blends of which the damned environmentalists have decreed there must be over 20 in the whole US and the poor refinaries have to produce all those different kinds for the summer.
THAT right there guarantees that prices will skyrocket at the gas pump during the summer and after summer is over, the prices go down.
PLUS the pipeline in Alaska is fixed now so that will bring it down. When prices go up blame the environmentalists. They have much more say in raising the price of gas than President Bush does.
The Alaska pipeline was never down. It was a feed line to the Alaska pipeline. The flow of oil went from around 800,000 to about 600,000 BPD. 200,000 BPD is not a big impact on a 85,150,000 BPD world oil market, about 2/10ths of a percentage point.