Get ready for HIGHER gas prices

As the largest oil pipeline in Alaska is shut down.

BP Plc is shutting down its giant Alaska Prudhoe Bay oil field due to a damaged pipeline and fears of wider corrosion, slashing West Coast supplies and prompting the U.S. government to consider releasing emergency stockpiles as prices jump...U.S. crude oil prices surged nearly $2.50 to over $77 per barrel amid fears that the shutdown could be lengthy. Shares of BP, already the focus of a criminal probe into a pipeline rupture at the same field in March, were down 2 percent.

Be sure that the GWB administration will be opening up the Strategic Oil Reserve after this. The economy can't take too many more hits. This, more than anything else, is likely to be a deciding factor in the primary elections taking place today.