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Re IGO's attachment ".....There has also been some concern that extra Chinese demand for diesel to run emergency power generators after this week's deadly earthquake may further tighten the distillates market."
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Are we being manipulated or what???
Most people are under the impression that this whole thing will blow away - it will not. prices are too easily manipulated. Also too many are sacrificing to keep their cars/trucks/houses. This WILL eventually lead to a major (oil induced) depression.
It does not look good in the long/short run.
BTW even if our vehicles got 1000MPG, they would charge us $150/gal. - cant win.