I was wondering why gas was up over 5c a litre today
http://www.thedailysheeple.com/explosion-destroys-oil-pipelines-in-saudi-arabias-awamiya_032012
That's a lot of oil off the market...there was really no need for the price to rise like that though...most countries have surpluses of oil because people are not consuming like it's 2006 any more. (link to that below)
http://www.oftwominds.com/blogfeb12/gasoline-tanking02-12.html
One day, the lowly farmer will be King
greed, greed by Oil Companies, Greed by the Government that is why the price is so high
There is a large component of the price of a gallon of gas (or Litre) which is due to speculation by hedge funds. The amount varies, but we're always paying Goldman Sach or J P Morgan suffice to say.