Man, you take one microeconomics class and suddenly you have absolute certainty about the forces at play in the global commodities market.

Did it ever occur to you that maybe it's no public knowledge how much oil is piled up where within a month of Libyan hostilities breaking out? Or that the demand for oil may be somewhat inelastic? Or that information in the oil market is not perfect?

I mean I don't know shit about commodities markets, but yelling "god damn it" isn't a very convincing argument.