the more you look at it, the more obvious its becoming; the high reserves of crude oil (so much so that it can't be delivered) yet the price keeps going higher(??) Ultimately, its the carry trade, ppl are borrowing yen -> Oil. Everytime the yen rallies the crude market slips. (just like US stock markets). The reason Oil is detached from fundamentals is there is false demand. Even tho there is more oil than can be delivered, speculators via carry are piling in, thereby keeping the price going up. Once the carry trade unwinds, so will oil prices. (hopefully sooner than later), since ultimately the current price of oil is B.S. All the talking heads talking about running out of oil blah blah it may be true, but supply and demand rules. If indeed we were running out of oil than the Sauds or other producers wouldn't be falling over each other to sell it to us at present day prices. No one has talked about this so I thought I'd bring it up so that when it becomes know that we, the public have been scammed again, it wont be news to phellow 3l33t3 traders.