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Pain at the Pump

It is easy to look at these skyrocketing energy prices (search) and say we're being gouged or we're being duped or worse, we're just being had.

The facts are somewhat different.

Sometimes while we search for enemies, we might just as well stop by first and look in the mirror — at ourselves and a still strong economy that still sucks up a lot of oil. And not just here: everywhere.

Europe's picking up steam. Latin America's picking up steam. And then there's China and India.

In the next few years, those two countries alone will use as much oil as the "world" uses today.

It's about a lot of demand, for not a lot of supply. Just like it was about no demand for a lot more supply when the world economy was hurting and no one was buying and oil prices were falling.

Oil trades like stocks these days. And just like stocks move up and down on emotion, so too this most precious of commodities. If you find more supply or find more energy alternatives, prices will come down.

I suspect these higher prices are already affecting demand — more people car-pooling, fewer people wasting.

So we conserve more. Think more. Do more. And I suspect, oil prices come down more.

I'm not smart enough to know exactly when and how, but I know enough about our system to know that the rule of supply and demand decides these things more than point-and-blame.

Prices are high for a reason. The hardest thing to fathom is that "we're" the big reason.

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Watch Neil Cavuto weekdays at 4 p.m. ET on "Your World with Cavuto" and send your comments to cavuto@foxnews.com

Neil Cavuto serves as senior vice president, anchor and managing editor for both FOX News Channel (FNC) and FOX Business Network (FBN). He is anchor of FNC's Your World - the number one rated cable news program for the 4 p.m. timeslot - as well as the FNC Saturday show Cavuto on Business. He also hosts Cavuto on FBN weeknights at 8 p.m. In addition to anchoring daily programs and breaking news specials on FNC and FBN, Cavuto oversees business news content for both networks and FNC's weekend business shows, including Bulls & Bears, Forbes on Fox, and Cashin' In.