In 1973-74 our first oil crisis and 1977-78 our second oil crisis AFTER both of these crisis an hours worth of work at minium wage @2.35 per hour could buy you 4 and 5/8 of gallon of gas. Todays minium wage @7.15 per hour one hours worth of work buys you 2 and 1/3 gallon of gas. there is something REALLY wrong with this picture. Tell me how does that work ? What todays reason for oil prices going up. UMMM let's see what sounds good UMMM ok last year it was world wide demand and a few months ago ok were going to change the reason ummm let's see ok how does this one sound. American investors are buying oil futures ok can we come up with a new reason once again soemthing that sounds good Ah Yeah foreign investors buying buying oil futures because the dollar is weak . Next week it'll be because we are getting a gust of wind from the northeast. The week after that there is a chance of rain at the end of the week.Maybe than the interest rate will drop again and we can say that maybe there's a chance of a snow in the canadian mountains for the oil prices going up . Nixon froze gas prices why hasn't this happened yet ?