high oil AND gas prices are a result of indecisive government foreign policy, leading to oil producing nations building the balls to challenge us. They want higher prices because they have the oil. We want lower prices because we need the oil. As soon as US foreign policy flinches, they mess with us. It happened in the 70s, and it's happening again today. Of course, the difference is that back then there was a real OPEC embargo created as a result of US weakness. Today, it's a psychological sense of US weakness. And since everyone has better access to commodity markets, they go up against the dollar. Petrodollars buy leveraged oil futures, instead of US treasuries. Hmm. I wonder why? Because they think buying leveraged oil futures is a better opportunity than buying US treasuries that pay interest. It's all because of indecisive foreign policy and no leadership that comes close to anything like Reagan.