Who do you think is most responsible for oil prices being what they are?

Over 140 dollars per barrell and counting. There are many factors that go into this, but who do you think is the most responsible party out there for Oil costing almost 200% more from what it cost 3 years ago?Who do you think is most responsible for oil prices being what they are?
A big factor that I hardly hear anyone talking about is how low the dollar has fallen. Oil is sold in American $, so if the dollar falls against the Euro let's say, it is cheaper for Europe to buy as compared with what it costs the US to buy. The dollar is worth about half of what it once was against the Euro, so that really limits the USA's buying power with regards to oil since it is bought and sold in American $$.Who do you think is most responsible for oil prices being what they are?
It's not ';who'; is responsible. It is ';what'; is causing it.





It's about supply and demand. It's a very simple tenet of economics. The ';rise of others'; (China, India, etc) has increased the demand for oil. The Saudi's have not stepped up production. The demand is greater than the supply, so the prices are through the roof. The Saudi's are pulling in a nice profit and they don't have to increase production or lower the price.





It's no one's fault. Oil prices are not going to go down when Bush leaves office. They are not going to go down because Obama says they will because he has the power. They are not going to go be lowered by penalizing oil companies.





If blame is to be placed, it belongs squarely in the laps of the liberal Democrats who have consistently voted against any attempt to step up domestic oil production.
Supply and demand is too tight. If oil was as abundant as water, this wouldn't be happening. When people blame speculators they're showing they don't understand economics. Speculators are simply smart investors that know that as long as oil is scarce the price will go up. Demand from the US and other growing economies will continue to rise. They are in no way actually responsible for the price of oil.
I can't believe someone was naive enough to blame oil prices on tax cuts.... Anyways, I'd say the socialist nutjobs in the Democratic party (in other words, 95% of Democrats) for bowing to crazy environmental special interests, and selling us down the river in the process.
Governments that control 75% percent or more of known oil reserves are behaving as if Peak Oil is already here.





thus.. the world has arrived at the equivalent of Peak Oil





by it's very nature speculation is a short term problem





and of course the low value of the U.S. dollar only makes things worse.
1. Law of supply and demand. As China, India and other nations all want this product the sellers will naturally be able to jack up the price.


2. Law of physics. Easy to extract light crude is a finite resource. As we use it up, what remains becomes more and more precious, more and more costly.
The bilderburg group and bush are staging the collapse of the dallor , rocketing up oil, good and silver, to replace the dollar with the amero and bankrupt the middle class.
China is the main culprit. Their push to industrialize a nation with the population they have, has increased demand for oil like we've never seen. India is a culprit as well.
Us. We are the consumers, and therefore in charge of the demand. An increase in demand, but no increase in the amount of a finite resource creates an increase in price.
I believe it is speculative investors, and the Republican Party for passing tax cuts and giving those investors more money to speculate with.
It doesn't matter, wasting time looking to point the finger won't help the future. We need to spend our time looking for solutions.
Tree huggers and the left wing liberal loonies in the Democrat party. No new development of resources thanks to them.
Worldwide consumption and bad foreign policies.
The idiot Democrats who keep blocking offshore drilling and not letting us tap our resources in ANWAR.
I am responsible, and all of my friends in the nation of islam.
The US congress and Presidents since 1976 (the last refinery built)
Speculators
China and India
corruption and greed by the oil companies. Prove me wrong.