Here it comes boys, $100 a barrel oil! The speculators are liking their chops, and we are getting screwed without the courtesy of a reach-around!
I counted more than 1 million open interest contracts last Monday. More on 2 oil than crude, but still looks like a house of cards if demand craters and I think its possible at $3/gal gas.
Yes, they are; and I'll bet they're licking them, also.