Speculators are driving crude oil futures up, it's a bubble.

That doesn't change the underlying fact that worldwide demand for oil is rising faster than new reserves. Oil will never be cheap again, but I expect it'll get back to about $65 a barrel instead of $90.

That's OK, I'm in it for the long term. Hellbender's right - we need to use whatever mix of alternate fuels it takes to cut America's dependence on foreign energy sources.

Alternative fuels aren't going to break any oil companies. Oil companies are going to make plenty of money anyway.