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Then you have emerging economies like India but mostly China who are really starting to suck up a lot of oil that was previously available on the market for the Western nations. China is freaking huge - its demand for natural resources and commodities is unstoppable, and its not afraid to demand more and more from the world markets to satisfy its hunger.
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This is the reason cited by economists. Extravagent increases demand for oil in the so called "third world" countries is steering prices up pretty crazily.