The majority of this gas increase are the speculators on wall street. There has been no major storms, refinery blow ups or other calamities that would warrant such a sharp steady increase. There are some anaylsts predicting $75 a barrel by year end. Today it closed at $116 up almost $2 from yesterday. Once an announcment comes of another major oil pocket found,or they announce an official recession, the prices will fall very rapidly. As profit taking will take place and oil contracts will fall 3x's faster than they went up. There is an ultrashort oil& gas fund, symbol DUG, that will go up when oil goes down......something to think about.