OK, I’m smiling. One of the reasons for high gas prices is huge worldwide demand, no small part being the Chinese demand from all of the new drivers in that booming economy. Why shouldn’t they drive, gas is cheap in their government controlled world so just buy a car and cruise, right? Looks like reality is setting in. Their refineries have to buy crude on the world market just like all of the other countries but their government mandated cheap gasoline, you know, power to the people and all that, so the refineries have been bleeding money, big time. The refineries have decided to halt supplies in many areas rather than lose more money and now gasoline is becoming scarce. Hmm… I wonder if prices will rise to reflect actual world markets? Then what happens, maybe demand falls a bit and prices stabilize higher and the Chinese get off this buying binge? Everyone else in the world would like to see it. Another government controlled fantasy bites the dust. Yep, I’m smiling.