And gas is 4.00 a gallon. THAT IS WHAT IS WRONG!
And most of our oil used by the refineries is imported. That price is over $120 a barrel.
Gasoline is high for the same reason jewelry is high, the materials used to make them, crude oil and gold, has gotten very expensive.
Increase the supply of oil worldwide more than the increases in worldwide demand and it will bring down the price.