[seatrout]

—With the economy “the worst it’s been since The Great Depression” absolutely the only reason for the cost of oil to keep going up is how fast the dollar is getting weaker around the world.—

No, actually the reason the price of oil is going up again is because the SPECULATORS have returned to their “pump it up” routine once again. Eventually, the bubble will burst because there is no rational economic reason to support it, and the price of oil will plummet just like it did last winter.

[jwparkerjr]

A large part of why speculators are able to do this is the belief that the weakening dollar will have an ever greater effect in the future. I agree it's the speculators to a large extent, but the weak dollar and the likelihood of inflation is driving their behavior. Am I wrong in this? Seriously, I am not an economic person, just a dabbler and I learn by making statements then waiting to see who tries to blow me out of the water? Thanks!