Not sure but soon this speculation bubble is going to burst and a lot of people on Wall Street are going to lose thier asses. Futures are running 15-20% above actual cost.
Whoever is paying $3.00 and above for a gallon of gas, try finding out how much of that is Federal, State and Municipal taxes, think you'll find that it's better than 50% of the consumer cost per gallon. If California wouldn't require tens of different mixtures for gasoline depending on municipality, the refineries wouldn't have to change blends all the time, increasing efficiency.
I lay part of the blame of rising fossil fuel costs on the movie Silkwood. Figure out my reasoning why to recieve the bonus plan.