[OKIEDOC]

The current oil crisis is in the minds of the oil speculators.

I hope they get burned like the Euro money traders.

[Mulder]

The current oil crisis is in the minds of the oil speculators

BS. It's being driven by supply and demand. China and India are growing, driving the demand. On the supply side, we are nearing Peak Oil. Supply cannot keep up with demand.

It really is that simple.

For some folks, it easier to blame boogeymen like "speculators".