[GO DAWG GO]

John,

What about the "Big find" in the Dakota's that geologists claim is larger than the pools in Saudi? I heard property values in proximity to those pools is inflating because oil companies are buying the land and setting up the rigs. I would think purely speculation of the potential glut of crude on the market from domestic pumping would drive the price down.

Gasoline prices have also increased over the last few months proportionately with crude prices. 3 months ago, regular in LA was $1.70 a gallon and now $2.30 with crude stable below $40.

Isn't this kind of the inverse to supply and demand?


Bob