[rb22982]

Declining dollar is one of the lesser factors involved. Even removing the weak dollar, oil went from $9 to $70/barrel in less than a decade. The biggest factors are huge increase in demand in China/India, burdensome regulations, and no drilling allowed in the US.

[Thoro]

Declining dollar is one of the lesser factors involved. Even removing the weak dollar, oil went from $9 to $70/barrel in less than a decade. The biggest factors are huge increase in demand in China/India, burdensome regulations, and no drilling allowed in the US.

Like I said, those are all factors. I think addressing any of them would definitely help, but I don't think all of what you mention together is going to fix the problem. I just can't discount the comodities futures especially because of the insane amount of money invested into *that* futures market during that same time frame. There's an artificial bubble here that can't sustain itself, and it needs to pop.