One more addendum to my piece on gasoline prices and Saudi supply is that the days of Saudi Light are over. Their oil is so sour that most of the very old U.S. refineries cannot easily refine it. According to data I have, any extra crude put into tankers now will not reach the U.S. ports til August, much to late to affect anything. The problem is refineries and the enviros won't allow them to be built.

Modern tankers are huge, so huge that the crew has to use bicycles to travel from point to point on the deck. Most are roughly four football fields long by 70 yards wide. And they are 25 yards deep and weigh over 500,000 tons. Capacity is about 600,000 barrels of oil weighing another 200,000 tons. These monsters take 14 minutes to emergency stop. Their speed is roughly 12 mph. The roughly 8,000 mile trip from middle east ports to Louisiana ports is around 30 days. It takes several days to unload and several more to arrive at a refinery, and then it will be a couple of more weeks before the refined gasoline is in a gas station. Figure a 60 day best case (no storms at sea or port, no rough seas)Middle East dock to your tank. August 1st from today.

A side purpose of the wildly Left Wing nuts is the destruction of capitalism, and forcing the poor from their cars through higher and higher gasoline prices. There is no way they want more refineries built. They want to cause pain.