Can’t disagree with you, CAR. I certainly agree that this volatility is harmful.
I just bring up the point because a lot of people want to put high oil prices entirely on the shoulders of speculators. Unfortunately, this includes virtually all politicians (that I’ve heard anyway). So instead of formulating an energy policy that would address the root cause, but would require sacrifice, they just take the easy way out and pretend it would be $2 gas now and forever if it weren’t for those pesky speculators.