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Dude, just remember - this isn't about automobiles. That's such a small part of it. This is about petroleum. Which is in everything you see.
We've had speculation in it's current form for the last 60 years. Something, fundamentally - has changed. Heck, I've been doing it for 12 years. The trend started as soon as countries totaling 2 billion people got involved in purchasing the markets.
Remember - that if we started repealing the laws that are on the books and drilling for oil today - in various places such as the Atlantic coast, the Arctic, and elsewhere? It'd take about 10 years for the infrastructure to be setup to be able to meet demand. That's being conservative. Some people say 25 years.
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