The American public is addicted to cheap gasoline and fuel oil.
People think they are entitled to it.
This is the price range of gasoline in the rest of the world. The public should also recognize that the only oil price it ever hears about is the futures market price, which is significantly more than the oilman receives for his oil. It is also important to remember that a big percentage of the price of our gasoline is taxes. The public should also know that the domestic oil industry is not big oil. Big oil is overseas.