[smoketree]

That’s what I was thinking.
I remember a few years ago when the spike started gas, where I live, went from 1.49 to 2.09 in two months and the stated reason was China wa using more.
I didn’t believe they just started using more oil all of a sudden.
Same now.
Theprice of oil has been rising in the last few years because of “world instability”. Every time there was any crisis no matter how small oil went up. Crisis over oil stays up. Nest “crisis” oil goes up. Crisis over oil stays up.
Now “they” say it’s China and India.
The Saudi’s and other opec members are geeting filthy rich. That’s all that’s happening.
The idiot Chavez is blustery now simply from oil profits.
Iran is building nukes because we are funding them through our ignorance and stupidy.

[RockinRight]

Theprice of oil has been rising in the last few years because of “world instability”. Every time there was any crisis no matter how small oil went up. Crisis over oil stays up. Nest “crisis” oil goes up. Crisis over oil stays up....

Saudi prince takes a sh*t, oil goes up...

[VideoDoctor]

Most of this is caused by the Futures/Commodity traders.

Several Broker/Dealers have told me that 30 to 40% of today's cost of a barrel of oil is because of what these traders use as stories/reasons to INFLATE what the TRUE cost of oil should be.