Facts on Oil, short and quick.

Demand has gone up so dramatically since '02 that there is no chance that more drilling will affect gasoline prices beyond a few cents. The only possible cure is to do everything, something the fundamentalist energy fanatics will never allow. In PDF format here is the CFTC report on everything to do about crude, very long but very informative (HTML version here). Ritholtz has a quick overview here.

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