In the Forbes article the higher cost is of oil (the recent 16% increase) is attributed to unrest in the Middle East and demand from China and India. I didn’t realize that the US and Canada (which represent about 80% of the oil consumed in the US) were exporting enough oil to India and China to cause a 31% increase at the pump (Gas Price Historical Price Charts - GasBuddy.com and some basic math), or that we imported oil from Libya? Otherwise the 16% increase is from imported oil which only represents about 20% of the oil used in the US which caused the 31% increase at the pump. Either there is a problem with numbers, which could be, or possibly a credibility problem of major oil companies.