A coordinated effort by the Fed and Finance ministers around the World requiring Futures Exchanges (nymex and others) to raise the margin requirements from 5% to say 30-50% of the nominal contract value would help take the speculative bubble out of this market. Crude Oil would fall 40-50% in short order!!! Currently, it only take $5,250 in margin to control 1 contract at the NYMEX. Raise margin requirements, see Crude Oil drop! Yes, it would hurt the Exchanges as far as volumne is concern, but come on, all these guys have being making obscene amounts of money the past 7 years!!!