a lot of the price of oil has to do with supply disruptions in the oil producing countries.
Right now, the Middle East is breaking out with a revolutionary furor not seen in over thirty years. Libya, Tunisia, Egypt, Yemen, Bahrain, Syria, Iraq, Afghanistan, just to name a few Middle Eastern countries that are having problems. Saudi Arabia is attempting to stop any revolutionary furor with its Shiah Minority in the southeast.
I'm not sorry that you when I see young men and women fighting to throw off the yolk of oppression and authoritarian leaders. I stand firmly on the side of democracy and freedom to choose your own government. Once these countries stabilize in a few years, than the price will go down again.
I just wish that the price of oil never went down in 2008 because it lulled Americans into a false sense of security over low gas prices. The price drop was just because of the recession. Be prepared for oil to go up even further.
- comic_relief