[DManA]

Consumption is way down and now we find out the supply is also shrinking. How did the danged speculators accomplish that?

[tobyhill]

You just nailed the problem, we can't just reduce our consumption out of the problem without creating overall economic problems, we need increased supplies.

[PSYCHO-FREEP]

Consumption is NOT way down. It has only gone down about 2% since the first of the year. Speculators are barely 20% of the market and have minimal effect on the trend.

It’s all about refinery capacity and demand. Demand is still very high and expected to increase by the end of this year.