All this crap about supply and demand. It is all SPECULATION on wall street with the daily traders who bid the price up for their back pocket. One little refinery fire or a conflict with some arab in the middle east and the price is raised for fear of oil shortage. Then they cut production to raise the price afer they slowly drop it or since we are supposedly using less oil. Its all a scam, and oil should not be traded on the market, it should be bought in large quantity, price set by the company when they buy it from the arabs, not run through a market. These traders want the price up as high as they can get it to make money and so does the companies, theyre all in cohoots with eachother I believe.
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