Checking the fuel gauge, the tank is empty and it will cost a fortune to heat our personal homes this winter and many more winters in the foreseeable future. The major oil suppliers literally have us over a barrel. There is no more oil that is no more cheap oil.

According to the billionaire oil investor T. Boone Pickens, "In 10 years, we will have exported close to $10 trillion out of the country if we continue on the same basis we're going now. It is the greatest transfer of wealth in the history of mankind," he said.

So that’s the story. Americans will have to change the way they live. For the last 20 years we have been sold out by Congress pandering to interests and entitlement sentiments. Overdrawn U.S. personal checks are finally starting to come in by way of a plummeting dollar in the foreign currency markets.

Internal investigations over price gauging are meaningless since oil is a world traded commodity in high demand. The world largely lives on 4-wheels, and until an alternate source of energy emerges, market prices in relationship to the foreign exchange markets will determine price. And, the FOREX is a multi-trillion dollar a day market which no one controls.