let me ask everybody this: has the worldwide demand for oil actually doubled in a years time? the answer to that is clearly no. I personally am staying away from oil as i dont see how oil could get up that high through demand. I know some of you will say "inflation!" but that wouldnt have doubled oils price... imagine our money turning into 50% of what it was a year ago... you would see a whole heck of a lot more people not being able to survive on their income and that is NOT the case. sure everyones feeling the pinch but does it justify the price? NO. I believe that the majority of this is due to people speculating and buying into oil. on cnbc for about a year now ebveryone kept saying buy oil buy oil and i think thats to blame. i mean come on....