You mean something like the "Burns Slant Drilling opperation"?
I hate to say it, but everything in that article actually explained the increase in prices as necessary. Basically since oil is traded with the US dollar, if the US dollar falls in value (while oil would at the very least remain the same), then the cost per barrell would increase.
Although there is some solace to be had in the increase in supply and the potential for the refineries to increase their output, that should bring the prices back down a bit. Or at least just in time for the annual summertime gouge!
Jumps in gas prices bug me in general, but what really bugs me (I don't know if you guys get this state-side) is when the gas companies try to talk about all the taxes the government levies bumping up the price. Um, excuse me? The taxes are pretty stable, the government isn't increasing the taxes 10c per litre one week, then dropping it 2c, then increasing by 8c, drop by 2c.
Although it never ceases to amaze me just how gullible the average gas consumer is. Prices go up by 10c and everyone hollers and makes noise about gas company greed and profits and demands that the government do something about it, then the price drops by a couple cents and everyone seems satisfied, meanwhile the new "low" price for gas is 8c more than before!