The problem with gas prices are not just a USA problem, USA consumers have actually cut back on gas assumption ever since the gas price spike. It is a global problem. Countries like China, India, Brazil, and other countries that wants to become the next "USA" are heavily developing their industry and their people are getting richer (i.e. getting to live the American dream of 1 car per 2 people.) When it all boils down to is once again the simple principle of supply and demand: when demands heavily outweights supply you will have a price spike.

OPEC has already made it known they won't increase supply. Iraq is as unstable as it comes. Iran has said they think oil price should triple from the current level (that guy IS crazy), and Venezuela Prez Hugo Chavez has said he won't do anything to help "Satanic USA", and Russia has forced their oil industry to be virtually impossible to have additional investment in due to ridiculous taxations that makes it unprofitable to open up more oil supplies.

Of course USA we have the same issue. We won't allow Alaskan drilling, off-shore drilling, or any drilling, we won't allow alternative energy developments like gas, nuclear or coal, and the best we have to offer is "corn" - and what do you know, it drives up food prices as every farmer now would rather produce corn as fuel rather than food and in term caused a food shortage. Brilliant.

To put it simply: the world have to wake up and realize the current mind-set of economy (everybody tries to be the next USA) is not sustainable, the global resources simply do not and cannot sustain our current economical structure. We are still applying mostly 19th century economic philosophy on a world that is complete different than philosophers like Adam Smith and others can ever dream of.

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Reverend David Chen
Faith Hope Love Chinese Church
Havertown, PA