The price of OIL did not go up last year to $140/bbl because of shortage of OIL or fundamentals (SUPPLY/DEMAND) like one poster keep suggesting over and over again.

Seems to me I have often used the terms(SUPPLY/DEMAND) along with the PEAK OIL theory,but I have also pointed out that $140 bbl was precipatated by Hedge Funds and unscrupulous brokers using lies and deceit.Deceit is the art of altering the written word much like what some posters do repeatedly with Connachers News Releases and other posters views,perhaps a little more time spent on comprehending and being more accurate with interpetation is in order.

I dont think it is to farfetched to think that infrastructure spending on highway construction and economic recovery will increase DEMAND for Oil and its derivitives,that SUPPLY is decreasing @9.1% year over year is a fact,surely this statement is not ridiculous but closer to reality!!!