I doubt demand has increased that greatly. What it boils down to is the oil companies know they can charge what the hell they like because there's nothing anyone can do about it. Now they've broken through the 'mental barrier', it leaves it wide open to sling it up another few dollars a barrel as people will be used to it. No doubt they are also trying to cash in on oil as much as possible, now that alternative fuels are hot on the agenda.
We'll have to look up the oil giants posted profits, we'll soon see where the extra money is going.
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Taffy
The greatest mistake you can make in life is to be continually fearing you will make one.
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