All we have to do is to ensure that gasoline imports are an extra 100,000BPD higher March-MAY. This would put an end to gasoline speculation that is responsible for about $20 barrell worth of crack spread or about 50 cents worth. If the DOE saw to it that the global energy industry sent us a tad extra gasoline for the summer build months of March-May all fear of inadequate supplies would go away and speculators would trade gasoline crack at $12 instead of the current $30+. There is no way americans should have to pay a $30+ refining margin because of HYPE regarding inadequate supply. This margin was only $10-12 two years ago. If imports were an extra 100,000 BPD higher, we would be at over 200MM barrels in gas inventories and the hype would be over. And that is even during a year when everything went wrong as far as refineries blowing up ect. In normal year this extra build would leave us with a glut of gasoline. They could do 200,000 barrel per day and then gasoline price would really be decimated. Gvt can actually make money off of arranging for higher imports because gasoline refining margin is less in Europe. Even if they had to take a slight loss on gasoline purchases, pump prices would fall so much in America because of reduced fear and hype of inadequate supplies they could increase gas tax a few cents to pay for gasoline purchases and gas at pump would still be 20 cents lower+. Bottom line is that there is no gasoline shortage. If we are going to allow gasoline to be set by market forces, then GVT needs to step in to see to it that distribution bottlenecks are done away with. Big oil has no incentive to flood its american cash cow market with extra imports. Just the oppositve. They have incentive to keep imports low. GVT can change this i think. There is no reason why gasoline refining margin should be 20-40 cents higher in America then in Europe, if all gvt has to do is arrange for a few more imports to CALM the speculators.