The Iraq war is costing about a BILLION dollars a day
I still think the prices are being jacked up to pay for this expense. Why else would it have suddenly shot up after the war started (doubling after Saddam was captured)?
I hardly think that the world population exploded in only a couple years, making the demand that much higher. If this is the case, we need not worry about where the oil will come from. We need to start finding another planet to populate, and quick.