Confused? Don't be. It sounds like bullshit because it is bullshit. They throw in words like speculative trading to explain it in order to keep people confused. We're being scammed for billions of dollars right now. Then again, we're used to getting scammed for billions of dollars. We bailed out Wall Street after it lost our investments. We sacrificed thousands of lives and billions of dollars to get Big Oil back into Iraq. Yet, both of them are still fucking us with no vaseline (which ironically is made with the products left over from processing crude oil).
I won't go so far as to say we should go Hugo Chavez on the mother fuckers and take over the operations ourselves... because that would make me a communist and get me assassinated.
But, for every cent that gets added to a gallon of gasoline we should reward Wall Street and the oil companies with another regulation. We need to realize, as a people, that deregulation has only fucked us, as a people. They make record profits, we choose between groceries and gasoline.
Image taken from: http://www.leavedebtbehind.com/frugal-living/saving-money-tips/gas-cost-you-how-much-more-survival-tips-for-budget-conscious-drivers/