"Nonsense?" (Pt. 1)

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Partially.
The point is that when two people argue over the one cause of oil price increase, both individuals are incorrect because there are several reasons as to why oil prices rise.
What frustrates me is that some people nowadays focus on the short term reasons for oil price increase or decrease. Putting blame on the dollar, conjecture, and instability puts the issue as a whole in a poor context. It implies that by solving these problems, everything can go back to "normal."
It's time we step back and address the real issue: oil is a limited resource. You may have read about "peak oil" in the article. It was the first time I learned of it, too: essentially, peak oil will occur when the rate of petroleum extraction is at it's max, after which we must begin to cope with "terminal decline." It's a day we have all seen coming, the end of the oil age... but some say Peak Oil has already occurred. That's debatable. The point is that grumbling over the sanctions on Iran and the possible Oil Wars, or (insert any explanation as to why oil prices fluctuate here) entirely disregards the base of the issue and merely puts off the the problems that we will eventually have to face, such as having no petroleum to power our cities, run our cars, make our plastics, and lubricate the gears of the entire economy.
Others that do not believe in peak oil feel that entrepreneurship will be the new driving force of energy production, having the ability to exploit new fields in alternative resources.
You can expect part two of "Nonsense?" next week.