Keith Fitz-Gerald:  It has been less than a month since President Obama declared war on those evil oil speculators. Standing in the Rose Garden on April 17th, the president laid out a $52 billion initiative to increase federal supervision of oil markets Read more…

NYSE:USO, NYSE:XLE

Martin Hutchinson:  Last Friday’s weak unemployment numbers, with only 120,000 jobs created, brought renewed wails that high oil prices were causing a recession.  Having heard this refrain so many times, I thought I’d dig a little deeper.  Read more…

NYSE:UGA, NYSE:USO, NYSE:XLE

Jason Simpkins:  With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary.  But while that assurance managed to siphon a few dollars off of oil futures, the reality is there’s nothing Saudi Arabia – or anyone else, for that Read more…

NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL