"80% of the rise in crude oil is speculation in the futures market.....nothing more"

I would have put into that....in the earlier years....however, I see the oil situation this round a little different....more because of the middle east conflicts.

There is a degree of speculation to do with it, however, IMO, there is a real number in that mess that equates to the real value for a barrel of crude.

You say 20 bucks ......$100 with 80% speculation.

Jefother.....this gets back to my post to you earlier, does it stay at 100 or tank to 20 bucks?......lol

doni