Why the oil price hike

High demands and short supplys so the oil price hike.Why the oil price hike
We passed ';peak oil'; in the 70s. Some say we may only have half a century of easy access crude oil left. China and India are buying more oil meaning more competition and higher prices. Plastic is more commonly used for things that other materials were used for and plastic is made from oil. Why the oil price hike
Speculators on the Futures Exchange and similar making lots of pennies at our expense. Rumour has it that some oil has been sold 5 or 6 times between source and the refinery.
the production of crude is limited. the demand goes up. when the production of crude goes up, the price will go down.
apparently for the money








businesses and bush is making money off it grrrrrrrr!!!
GREED!!