[GoinAllTheWay]

Originally Posted by ken0042

I know what you are saying, but here's "why" it happened:

The surge followed a Morgan Stanley analyst's prediction that crude would reach $150 a barrel by July 4; a decline in the dollar and fresh tensions in the Middle East added to crude's advance.


For those of us looking for oil to drop, an optomisitic article:
Why oil prices will tank

I realize this is posted to try to explain why it happened but it's just the cirucumstances of why. Someone "thinks" something will happen and prices rocket up. No idea if it will happen for sure or not but lets jack up the prices just in case. I honestly can't put into words how much that gets to me. Even moreso when you consider the fact the the reverse will never happen.