I have said it in here and a couple threads. Richierich or whatever his name is, as well as a few others, try to blame India and China. What they don't understand is that China is a poor country and cannot afford $130/bbl oil. The only way they can afford it is by subsidizing the price. Well, that causes great strain on the government...which can only afford to subsidize for so long. The article says that China is going to reduce the subsidy which will put the burden on the individual to finance the oil. Since they cannot, or at least to the extent of Americans, partly due to less developed markets for credit to individuals; the demand will decrease and price will fall.