is the direct result of the FED printing all that new money for Wall Street investment banks. Instead of letting banks fail, our money system makes the currency pay the tab.

People would scream at Washington DC to change this system, except they don't understand it; so they don't put together the headlines. All they see is Bernanke talking about repairing balance sheets and urging more raising of capital, and they see gas prices soaring; they have no idea the two items are related.

The price of TVs, T-Shirts, bologna, pork, and some other things didn't go up much. Gas seems to be a case of a resource running into future supply-decline expectations.

While the Fed overprinted money and underset interest rates, gas has its own problems (exacerbated

of all the commodities being affected by the huge volume of new money getting pumped into the system via this credit crunch "solution" ... none get more directly affected than the price of oil. There's going to be a ten fold increase in the price of crude from 2000 to 2010 and the biggest single spoiler has been the expansion of the dollar. It certainly has had as big a role to play as supply/demand. Monopolized price controls make it hard to peg down causes, but there's definitely a direct cause/effect between the dollar drop and the rise in dollar price of oil.