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So what is causing the price of oil to rise so much? I will throw out a few reasons.
-Inflation is getting bad and the stock market isn't looking so hot right now. Gold, sliver, and oil prices are going up because investors consider them safer then the stock market.
-Increased worldwide oil demand. There has been actually a decrease in gasoline use in the US recently which is pretty amazing, but I assume that isn't the case everywhere.
-Anytime any little negative oil production related thing happens investors freak and the price goes up.
-Peak Oil???
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