Speculators are not the reason for oil price increases or natural gas. Yes it has some ebb and flow. But, speculators buy and sell based on what the government does and the political problems around the world. For instance, IF Obama opened up drilling on shore, off shore, in Alaska, and build the pipelines needed. Speculators would lower the cost of oil, thus the cost of gas at the pump. Also, Opec will probably lower their prices to keep them lower than what it costs us to drill and produce. Being in the natural gas industry, we could get $2-$2.50 for gas by doing this. Obama said he wanted gas to be over $5 so that it would force us to use "green" energy. He doesn't care how high it goes, nor who it hurts, so long as his socialist aganda is implemented.