Why do oil prices rise and fall?

Answer 1

(year:2011) America has oil but most people do not like to obtain it from here because it destroyers the land, so we buy oil from foreign countries (foreign oil). Seen there is a war going on now (in Libya) people raise the prices.

Answer 2

For Chav's, Redneck's and all other freaks, answer is below, (section A)

*for normal people, see section Z*

Section A they rize cus ov whether n stuff lyk dat, an lyk, if ther wuz a tornado then lyk ther wud be a rize in price cuz more ppl need oil to power fireengins nd stuff.

I hope you enjoyed reading my 'chav' pharagraph :)

Section Z

What causes oil prices to fluctuate?

1) It's OPEC's fault (Google it)

2) The world is running out of oil, oil supplies are slowly decreasing, causing a rise in price.

3) Surplus crude oil production capacity is too low.

4) Consumers and industry use too much oil.

5) Countries like China are driving up demand.

6) There's a supply/Demand imbalance (economics)

7) It's the weather.

8) Oil up when stocks down.

Hope this helps you lazy people, that cannot be bothered to do some 'propper' research :P haha;) call me after 5pm for sex talk;) 01904 708 340 haha just kidding, but really if you need any help, or more info, there's your number^^:).