Bruce explains [1] the reaction of Congress to our gas prices very well, indeedL
Why do you suppose Congressional leaders are spending all their time blaming current oil prices on speculators, price gougers and OPEC?
Because if they addressed the real problem – supply and demand – it is they who are at fault for not foreseeing the obvious building problem or acting on it with a coherent and rational energy policy. And, of course, politicians aren’t about to take the blame for their short-sightedness. Instead they’re casting about for anything or anyone on whom to hang the blame.
There it is, gang. There’s only one way to deal with what is essentiall a supply and demand problem: More supply.
Drill, Refine, Repeat.
there’s lots more at the link, of course.