"Dave" wrote in message
...
On 2 May 2006 15:53:59 -0700, "Bob" said:

Okay... got the oil supply So why are gas prices so high?

First, there's that other line on the graph. What's it called?

Then there's the fact that a new refinery hasn't been built in this
country
since the 70s.

Just a few years ago gas prices were very cheap and, accounting for
inflation, cheaper than in the 70's. No new refineries were built then
either. Doesn't it have something to do with demand for oil outside of the
US?