Hopefully everyone will be able to respond the same way to this post: stop speculation now! Speculation hurts many people, including individuals, businesses, and organizations, and leaves many speculators at the receiving end of the deal.

Speculation hurts just about everyone but those who do it. It hurts gas stations when they are forced to raise prices and make little money on gasoline. It hurts other parts of the petroleum industry, so who's making the money? Traders and banks who pour billions of investment dollars into oil to try and reap a short or long term harvest.

Right now, its happening at an alarming rate again. Oil prices are being pushed higher not by fundamentals, but by speculators, hoping to get a huge payday, trading oil on paper with no intention of taking delivery, simply hoping to sell at today's price in the future when oil prices rise.

I was reading a report last night how even the CFTC says its underpowered and underfunded to take on the challenge of watching today's commodities trades! If you think enough is enough, talk to your government representatives and tell them that enough is enough, vote to limit paper trading and speculation in oil and other commodities.

Yesterday brought to light how many people are trying to get on it- the DOE report issued was relatively good, and oil briefly traded down after the report was issued, but later in the afternoon, for no good reason- prices continued their climb.

Enough is enough, write your Representatives today! Don't stand by and let it happen again, let's rally against speculation!