If Oil is too expensive, stop buying it
The U.S. congress is busily trying to identify the culprit behind high petroleum prices. Speculators are betting that individuals, companies and governments will continue to use, invest in and buy petroleum. The culprit behind high gas prices is everybody who continues to buy gasoline, fuel oil, diesel and most plastics. Stop buying these, and the price of oil will drop.
Or continue buying gas, and accept responsibility for the short and long term costs of a petroleum- based economy.
Updated!
It seems that speculators in industries hurt by rising oil prices are driving the goal to use legislation to keep cheap oil available. This may help some people, and save some stock portfolios, but it doesn't change the fundamentals. Petroleum will only drop in price when people stop paying for it. Maybe because of this.
