All part of the media game. There has to be a logical explanation for the dollar inflation of oil future prices. Big Money owns DC and the MSM. So they bash the House of Saud and bash the Oil Executives, while the real culprits (big money speculators) go untouched.
Add to that scenario that this is also a national election cycle in the US. What better way to sway the minds of the voting public!!!!
The bubble will not burst until after the election. Especially if obama-lama-ding-dong gets elected. IF that happens, the price will plummet (congress finally telling the traders that there is no reason for the run up) allowing the dhims to claim a major victory. The dhim congress needs this issue of high oil prices for their campaigning. So, don’t expect anything until after Nov.