Crude Up and Kills Created Money

"I'll gladly answer that question, Senator! The reason that oil costs so much in dollars is that the purchasing power of the dollar has dropped by 40% in 5 lousy years, thanks to you letting the Federal Reserve create so much damned money, you lowlife scumbag! If the dollar still had its buying power, oil would still be $25 a barrel like it was in 2002, but nooOOoooo! You dumb, stupid, ignorant Congressional morons decided to borrow and then spend so insanely much money that the Federal Reserve was required (and only too happy!) to create all the money and credit needed to finance the disgusting orgy of your irresponsible government spending, now totaling $9.4 trillion in national debt, because if the Fed did not create the money, your enormous borrowing needs would have sucked up every freaking dime of savings in the country a dozen times over, driving interest rates through the roof, called the 'squeezing out effect'. That's why oil costs so much, you ignorant, preening Congressional moron!"

Richard Daughty has an answer for high oil prices.