Crude Awakening

With gas at $4.00 a gallon, what is your theory on what has caused the cost of fuel to rise so dramatically?

1. Oil companies (and OPEC) are understating their proven reserves volume to create an artificial bubble in the commodities market - thus greatly increasing their own profit margin.

2. Poor dollar performance along with increased demand from China and India are causing speculative traders to reinvest heavily in crude to greatly increase their profit potential.

3. World oil production has reached peak status and have began the decline period of the bell curve. Increased demand met with a diminishing world supply will bring forth the fall of modern society.

4. It's all the government's fault.

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