I used to buy into the bigger supply = lower gas prices. Then I saw this At midnight on April 11, a 940-foot tanker maneuvered into the dock at the oil terminal in Valdez, Alaska, carrying an unusual cargo for a returning ship. Sloshing in its tanks were more than 12 million gallons of Alaskan crude, at least a quarter of the cargo the ship had carried away from Valdez two weeks earlier. The Alaskan Explorer had sailed to a Washington refinery, but was forced to return to Alaska with 300,000 barrels because the onshore storage tanks were too full to accept the oil, Anil Mathur, CEO of the Alaska Tanker Co., which owns the ship, confirmed last week Source: Abundant crude supply doesn't push gas prices down So - refinery tanks are so full, they can't take any more...and yet, gasoline is still high. Worse - for Alaskans - what if the refinery's on the West coast decide that oil from North Dakota is cheaper and stops buying oil from Alaska? By law, we cannot sell Alaskan oil overseas.... Oh, snap.