Off-Topic: Hound ... I am disappointed in you

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	Name:	MartiniMan -
	Subject:	Hound ... I am disappointed in you
	Date:	12/13/2010 9:30:58 AM

Hound, the number one factor for the U.S. regarding gasoline pricing is a combination of the value of the dollar and how much oil we import. As the dollar weakens the actual cost of imported oil goes up. Since the amount of imported oil is a function of domestic production (more of this means less imports) and demand it is true to say that the price is partially a function of the dollar and demand. However, domestic production is impacted heavily by government policy as was evidenced by the embargo on deep water drilling in the Gulf. Lots of other ways domestic exploration and production has been hampered over the last two years.