Sawzaw,

Cause and effect wizard! If you only pay attention to one side you only get the information from there. While Bush ended an executive order ban that made no difference as long as the law against offshore drilling was in effect, Congress was talking about cracking down on the speculators. Assume that oil traders are at least as smart as you. That shouldn't be difficult to imagine. Which do you think is going to have a greater dampening effect. Half a promise to bring more oil on line in 10-20 years or a promise to burst the bubble in the Market the next time Congress sits.

Take your time and think about this. Keep in mind that it has little to do with trees.