You guys have it all wrong.
Don't hate OPEC, they are trying to compensate for increased demand, they just don't have that much reserve capacity left. If light sweet crude goes over $40 a barrel for too long there will be a world wide recession. Last recession in 2000 drove the price of oil down to $25 a barrel for 3 years. That killed the OPEC member's profits.
WE ALL NEED TO HATE THE 1 BILLION CHINESE. They think they have the right to all own and drive mopeds instead of bicycles. Silly attitude, how are we westerners going to be able to afford to fill up our SUVs if billions of people in underdeveloped countries start raising their standard of living too.
Stop bying Chinese products so they won't have the money to buy those mopeds. Buy US, EU, Canadian, Mexican, Korean and Taiwanese instead (no implied order of preference in the list).
First product we can all stop buying is Intel CPUs and chipsets. They have opened several plants in China recently. Buy AMD they produce in EU, US and Taiwan.
Isn't this economics stuff complicated?
PS US lumber prices have doubled due to south east asian demand also.