Lets not forget about the fed that is printing trillions that are being used to bid up oil prices. It is easy to blame saudis here but in this case the fed is doing more damage.
That makes 0 sense. Why would the printed money cause specifically oil to go up and not everything else along with it? And if everything else goes up, then it doesn't matter.
You found something that did not go up?
Salary!
Wrong.
What is the process by which this happens?
1. Print money
2. Use said money to bid oil prices up
Heh, I hear ya, I thought there might be a nasty oil specific mechanism I didn't know of.