"Our dependency on oil should be broken by 2020, " said Mona Sahlin, Sweden's minister of sustainable development.

BBC: Stockholm street,

Yukos Oil has been broken up and sold to Russian state owned energy companies, with the bulk of those assets acquired at a discount by Rosneft, the largest oil company in Russia.

FORBES: Connect

According to the Guardian newspaper, a Swedish minister said oil dependency could be broken by 2020.

BBC: Stockholm street,

Since then, at least 5, 000 barrels of oil per day have erupted from the broken well pipe which is 5, 000 feet under water, 40 miles off the coast of Louisiana.

FORBES: The BP Spill: Who's Responsible, Part I

The burn-off is part of the effort to prevent the spread of oil from an underwater well that was broken open when the drill rig Deepwater Horizon blew up and sank last week.

CNN: Oil spill from rig explosion at 5,000 barrels a day

The historical oil-gold price ratio band was broken.

FORBES: What Is Gold Telling Us?

"We still have a health care system that's broken, we're still overly reliant on oil from the Middle East and so we've still got these structural problems, " he said, on the campaign trail in Pennsylvania.

BBC: Bush warns of economic challenges

When the question is broken apart in this manner, the reason for rising oil prices should be clear.

FORBES: Why Oil Prices Rose in the Spring of 2008 and Will Rise Again

Moreover, key proxies for global growth such as the price of copper and oil have established firm price support and have not yet broken through them.

FORBES: What The Charts Say About Emerging Markets

The oil sands are pretty controversial stuff, however, associated with derelict, broken landscapes and carbon emissions.

FORBES: Has The Gulf Spill Opened Pandora's Box For Obama?