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Unfortunately it is a combination of China and India's demands as well as speculators that is pushing fuel prices up. It is figured that $20-$30 a barrel is due to speculation. The rest of the rise is due to increased demand world over with most of that coming from China and India.


Yep get used to it.. With the plunging value of the dollar (a lot of it due to the federal government over the last 7 years running on a credit card, the plunge in value is contributing to the rising price of oil.

More and more folks are investing in commodities to hedge the falling dollar... What better one than energy? Check out the annual returns below....

http://www.forbes.com/funds/Tearsheet.jhtml?tkr=VGENX