posted on Jun, 12 2008 @ 11:46 PM
The governments of the world need to step in and take control of the situation. I think speculation is driving the price with even the big banks
buying futures to cover their ascots, and in todays volatile world, even rumors of some unrest or impending hurricane can be sure to make those
futures pay off, especially if a rumor is started on the very same day the futures become good. If the government really wanted to bring the price of
oil down, they would stop allowing futures to be the driving force behind oil. But there are too many people making obscene profits off of it for this
to ever happen.