If you notice higher gasoline prices at your local pump, don't think it's because there isn't enough oil to go around. Supplies of refined products, both gasoline and heating oil, are plentiful. Gasoline stocks rose this past week, but prices climbed higher anyway, which is contrary to what we all learned in Economics 101. In fact, there hasn't even been a significant hurricane, something that often causes refinery shutdowns and temporary refined-product shortages at this time of year.
Oil prices (and that includes prices for gasoline and heating oil) are acting completely independently of supply/demand fundamentals. It's the recent rise in the stock market and the weakening of the U.S. dollar against other currencies that are making the fuels you consume more expensive. Traders believe that oil, just like gold, will hold its value as currencies decline.