World Oil Prices Outrage

As oil prices climbed even higher throughout the United States bringing oil prices at the pump up to an average of $4.50 a gallon in California pumps with the rest of the country hitting the average of $4.00 at their pumps, European truckers are getting hit by even higher prices. Truckers in throughout Europe are staging massive protests.

The different European truckers have blocked their Countries borders. Included in blocking the borders are Spanish truckers, French truckers, Portuguese and truckers from Belgium.

However as demand in America and other western countries drop, China and India demands continue to grow.

One could almost guess that the countries that have taken the jobs away from the Middle Class American are the same countries who are growing their demand for oil and getting it. Thus giving those countries like China and India lower prices at their pumps.

Yet many of the investors who had their money in the Mortgage and Loans have bailed out, jumping into the bandwagon of OIL INVESTMENTS sending oil prices soaring.

Add to that the weaken American dollar. Since oil prices are set in American dollar which is much weaker than other currencies around the world the prices continue to rise against the American consumer.

Of course the OPEC nations have made it very clear that they will not increase the supply for American demand, although they found no problem in increasing the supply of what they sell to India and China.