Folks settle down, it's not a $25 up tick.
It was just the prompt month contract coming off. The market was up but like $6.25. It's never to this magnitude, but the day the prompt contract comes off price can be very volatile as people are trying to get out of physical positions before the contract expires. A few people short October contracts got stuck with teir pants down.
Price did go up today, but just a fraction of what the headlines will say.
This link will only work for a few hours I think but explains what I'm saying
http://www.nymex.com/lsco_fut_psf.aspx