How often does the price of oil shoot up as a result of an?

environmentalist vs the actions of a world leader who devalues the dollar?





And people keep skapegoating the environmentalist for what reason again??How often does the price of oil shoot up as a result of an?
THe price of oil shoots up because some investor thinks he can make money.How often does the price of oil shoot up as a result of an?
There are many contributing factors. It basically comes down to simple economics of supply and demand. Anything that affects one or the other will have and effect on the price. Environmentalists have an effect by pushing to restrict drilling, thus reducing supply and pushing up cost. It is probably a minimal effect, but it is there. In todays market the major driving forces in the price of oil are the stability of the supply and the market speculation. Market speculation has been estimated to add about 20% to the costs, far more than any other individual factor, even taxes.


I had a link to a very good informative unbiased site and I will post it is soon as I can find it again.
The price of oil shoots up for many reasons, the devaluing of the dollar, fuel shortages, higher demand, not being able to drill in ANWAR. Both the government, enviornmentalists and the common people are all to blame for higher gas prices.