Richard West from Washoe Valley, Neveda, writes in the WSJ "In 1960 cars got an average of just over 14 miles per gallon and gas cost around $.31 per gallon, making for a cost for gas per mile driven of about 2.2 cents. Today with gas around $3 and cars getting an average of 22 miles per gallon, it cost nearly 14 cents cents per mile to drive. But from 1960 to 2006 consumer prices went up around 7 times, which means that 2.2 cents in 1960 now equates to more than 15 cents.
Virtually nobody talked about "high" gas prices in 1960. Today, alas, that is all we hear from all too many people, even though the cost for gas to drive is actually cheaper."
We hear a temendous "hue and cry" about our dependence on the Middle East for oil. How many of those wailing are aware that our number one source of "foreign" oil comes from Canada and our third largest source is Mexico. Saudia Arabia is 2nd and others are further down our list of suppliers.
Also, we have plenty of oil sources in territory owned by or part of the U.S.
Don't believe me, look it up.
If, as the "chatterers" say we went to war in Iraq because of oil, I assure you it would have been much easier to conquer Mexico and probably Canada and Argentina.