It's a pity that the powers that be decide it is better to ship our money to the far east (holding us hostage) instead of developing our own internal resources and sending that money to our citizens. The support at $80/bbl would open exploration in
oil shale fields that have huge reserves.
Don't tell me that there is not price manipulation going on. Gas prices went up 20c/gal here last week when Lybia (an insignificant producer) decided they wanted a new leader, at the same time that OPEC said they would cover the production, no problem. There is no logical reason for this except manipulation of the market.