The price of oil is not regulated by the oil companies. It's regulated by what the commodity price is on the comex. What the traders see as the potential supply vs. the potential consumption in the near future governs the price of oil. You can slam big oil all you want, and I'm not saying they're saints. But they're just like any other business. And I would argue that agribusiness is "big" business as well. I don't believe there should be ANY subsidies - not for corn, not for oil, not for left-handed screwdrivers. Doesn't matter. Oh, and the next time you shell out that 2.42 for a gallon, consider how much of that is tax. In fact, the government (state and federal) gets the lion's share. The amount that the oil company makes off that gallon is somewhere around a dime. BTW, I thought you were all in favor of high taxes... Guess not when it directly affects you.... As for the subsidies for the corn growers, I just wish that they would call it just that - corn subsidies. Anyone who thinks that the drive for E85 is energy independence is just fooling themselves. If it were really a cost-efficient way of getting energy you wouldn't NEED government subsidies. The market would push the generation of the product. Whenever government gets involved in pushing energy it never works... the electric car? Wind power? Solar? You may argue that hybrid has been a success story, and I would agree... except that didn't originate with government action. It was private industry that came up with the technology.