A couple of days ago, Senator Jeff Bingaman (NM), chair of the Senate Energy and Natural Resources, gave a very interesting speech about the current state of affairs. The ABQ Journal got a copy of the complete speech. It is somewhat long, but very well worth the read.
I'll link to the ABQ Journal version here, but I'll go ahead and attach a Word copy (scanned), too.
ABQNews - Bingaman Talks on Gasoline Prices 
Lynn