Has anyone else noticed that democrats seem determined to elevate every problem in life into a "crisis", which of course can only be solved by a massive injection of government. Then, after distorting the marketplace, they bitch about people who exploit gaps in regulation or "loopholes". Of course, their biggest ire is reserved for "speculators", unless they have decide to run for office as democrats, then they become statesmen, eg Mark Warner, Jon Corzine, Bob Rubin. Throughout recorded history, commodity prices have fluctuated, sometimes wildly. The beauty of the market is that high prices are their own solution, as they stimulate alternatives, dampen demand and encourage new supply. I suppose it is inevitable that people who think they can control the world's climate by mandating use of flourescent lights think they can also regulate the prices of commodities and arrive at the perfect price. As I recall, every other time someone tried to do that, it resulted in long lines, rationing and black markets, but of course, we never had a person like Obama in charge.
======================= He blame gamed FOX news for his Kentucky loss; funny , but he actually help empower FOX with that remark. Boone Pickens seems to understand oil much more than Washington D.C.