Oil Oil eveywhere thats why is the price is going up

Oil, oil everywhere but the price keeps going up.
Strange things are happening, especially when the refineries are filled, but no one can explain when why the futures of oil keep going up. Or can they.
Boy that Neil Cavillo (I probably got the name wrong) at Fox News says that it’s true for the Untied States by that Europe is recovering and they need the oil, and so does Asia.
Right, they’re recovering so much that it doesn’t matter that the largest user of the commodity known as oil can’t hold anymore, yet the price keeps rising.
History keeps telling us that when the price of oil goes up the economy goes down in this country. I refuse to talk about other counties, I just haven’t thought about them.
I do believe that the collapse of the price of oil in 87 saved us from a having a severe recession. The low price of oil contributed greatly to the Clinton boom.
The steep rise in oil was a major comtributator to the collapse of the Bush Economic collapse. Yea I know the collapse of the housing market is the official reason for the collapse. And yea I know there is a major minority who blames everything on the deficit.
I know, I know I just got off subject.
The question now is should the commodity know as oil be regulated too say this economy from going into major stagflation as was the case under past Presidents or should this administration stay on the sidelines In the long run it might be good for the country as alternative energy from in ground oil that has hostage to hostile countries will be cheaper then in ground oil. ( Those reading this might just be shaking their heads. Alternative to in ground oil might be from algae, grass or something else I can’t contemplate right now.)
Getting back to the question does oil speculators have the right to hold the rest of the country hostage. Can we stop it by executive order saying that we will not allow oil to come into this country over $50 a barrel and we’ll sell at that price from our oil reserves.
The speculators would either have to eat the oil or sell it to another buyer at a lower price then what they had planned. I don’t know who the speculators are or even if there just manipulators’ ( possibly even counties who need the price of oil to be hi to keep their economies from collapsing).
Boy this blog is just a rambling mess, where’s the fun.