Kinda funny you say that: I saw a program on netgeo regarding the "peak oil theory" and how they tried to rationalize $4.50 per gallon we paid 18 months ago. Now they made 2 new major discoveries and peak oil theory some say is a fraud. Point is it was propaganda to justify high oil prices.
That's not propaganda. That's just greed at work.
When gas prices go up citing falling production due to natural disasters, terrorist rhetoric or whatever excuse they come up with that week, and then the oil companies report a MASSIVE increase in profits, you know something's rotten.