The cause of the rising price of gasoline is a never ending debate. Some say that its due to governmental regulations which limit the amount we can drill for here at home. Latest statistics show we import 51% of our oil in this Country. Does that mean if we have more domestic production the price of oil will drop? We currently produce about 7% of the world supply of oil so if we increase production or supply of domestic oil will it really have that big of an effect on the price world wide? I have read that for every $10.00 increase in cost per barrel of oil the gasoline price increases...


