The retail investment website, The Montley Fool, makes the case that speculation isn't to blame for high energy prices:
Oil speculation is back in the political spotlight again, and with oil back at more than $100 a barrel after a short reprieve, it's sure to stay there. As usual, when oil rises Congress and the president take the opportunity to blame the nameless, faceless "speculators" that trade oil...
- Speculators Aren't to Blame for Energy Prices