Reader comments: Oil heads for $130 a barrel

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Oil companies are greedy! | 10:28 a.m. May 20, 2008
It's all about the almighty dollar. Thats all the oil companies care about. Something needs to be done about it and nothing has. There isn't a shortage, that is just an excuse. It's only about getting rich.
jr | 12:10 p.m. May 20, 2008
How much is Bush and Cheney raking in?
Frank | 1:19 p.m. May 20, 2008
The higher the price, the more people sound like forecefully sober drug addicts.
Comments continue below
Anonymous | 1:46 p.m. May 20, 2008
Why is still news day after day after DAY?! We know already! We don't like it! DUH! Report on something newsworthy!
Charles IV | 1:55 p.m. May 20, 2008
Bush and Shotgun Dick are making a killing. They are the only two people happy about the high cost of oil.
We are in trouble | 2:04 p.m. May 20, 2008
A few years ago the president made the following remark "I'm the master of low expectations." —George W. Bush, aboard Air Force One, June 4, 2003.
Earl | 2:16 p.m. May 20, 2008
Basic economics should tell you what's going on. Demand for oil is increasing, but that's not all. Because interest rates are so low, there's no incentive to save. Investors money is going to the next big thing now that the housing bubble is popping. It just happens to be oil and other commodities this time. All of this comes to us thanks to the American Economic Bubble Machine, otherwise known as the Federal Reserve.
Earls Pearls | 6:43 p.m. May 20, 2008
Day after day Earl shares the economic truth. I used, to but people would rather not be saddled with the truth. You have no idea how bad this is going to get. Enjoy the ride!
Ryan | 10:44 p.m. May 20, 2008
Keep it going up OPEC, billions of dollars are now being spent on developing alternative energy, you are pricing yourself out of the market because once people switch they will not go back.
Tumbleweed | 12:11 a.m. May 21, 2008
Why doesn't 60 Minutes do a special investigation of the Environmental Law Firms that block oil exploration efforts that limit supply and drive up oil prices? I'll bet you won't find richer lawyers.
tbird | 11:18 a.m. June 30, 2008
Why Dont The Oil Co Uncap All The Wells They Have Caped Here In The States We Have Lots Of Oil Just Sitting There

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Cezar Bonifacio changes the numbers on a gas price display at a Chevron gasoline station May 19, 2008 in San Francisco, California. For the thirteenth straight day, U.S. gas prices have reached another record high when the national average price of regular gasoline rose to $3.79 a gallon, up 30 cents from last month's average. (Justin Sullivan, Getty Images)
Justin Sullivan, Getty Images
Cezar Bonifacio changes the numbers on a gas price display at a Chevron gasoline station May 19, 2008 in San Francisco, California. For the thirteenth straight day, U.S. gas prices have reached another record high when the national average price of regular gasoline rose to $3.79 a gallon, up 30 cents from last month's average.