Oil prices surge on report of falling inventories

Oh boy the OPEC is at it again. With the cancelation on those lease lands for oil exploration by Mr. Salazar (saddly from Colorado) and the coming administration ban on offshore drilling and obsession with wind farms and electricity energy, wait till you start paying the price at the pump. So much for energy independence...I wonder how electricity is going to help me fuel my gas powered vehicle?? Damn OPEC! and it's like the media does not know why this is happening..

Check the story out.....


COLUMBUS, Ohio (AP) -- Oil prices jumped Thursday as new government data showed U.S. oil inventories fell unexpectedly and that consumption of gasoline and other petroleum products -- which have been plummeting because of the recession -- may be starting to edge higher

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