So in a previous post I said that the left was obscurely to blame for the high oil prices. I then cited environmental regulations and environmentalists requiring a bevy of different grades and detergents be added to the gasoline and then also the minor issue of refining capacity being choked by enviro-freaks.
I said this was a little more plausible than Michael Moore's contentions that Bush is a terrorist and he knew and blah blah blah.
Well, make it a lot more plausible. For while in the past high oil prices were brought on by supply shocks induced by OPEC, this current spat is brought on by demand from China and the US. And with the world's two largest economies growing at full steam, it should be no surprise that when you don't build new refineries to keep up with demand, prices will go up.
To paraphrase the South Park kids "They killed the economy!" "YOU BASTARDS!"