IMO the oil price and market is simply crazy.
The traders left reality long ago and are now out-doing each other with one pathetically OTT reaction to (any) bad news and obscenely grotesque
unrealistic and unlikely 'what if....' scare stories one after another (for months and months now), all pushing the price (and their commissions)
I think a swingeing 'windfall tax' on the traders, the oil companies and all those making these totally unexpected and unearned 'bonus' profits is
well in order.
That'd stop the buggers from chasing ever higher prices and their appalling nonsense.
[edit on 7-7-2005 by sminkeypinkey]