Gas is a traded commodity, so if demand doesn't drop, and production does, prices go up. There is certianly gouging going on by some groups no doubt, so I have no sympathy for those people, but the real problem is going to be the fight for the current supply. China has a lot to bring money-wise, and a huge demand...we're going to be in a battle in the future for the reserves.
I also don't think we'll lend a hand to Saudi either. i think it'll be every country for themselves at some point, unless Russia and China step in, which will also be bad.
A recent oil vistior to our company predicted that if Saudi falls, expect $10 to $20 a gallon at the pump. They refine crude but already having some difficulty in the supply chain.

