oil prices

on the news last night was an article about how oil speculators are responsible for as much as a third of the price of a barrel of oil right now. interesting. from everything i've read, demand is at record levels, production is waning, yet there is still a price mismatch in the market due to these speculators. half of me wants to get in, buy and oil ETF and make some quick cash. the other half, the more deviant one, says we should petition congress to force anyone who buys light, sweet crude oil to have to take delivery of it. i can just picture an oil tanker pulling up to a hedge fund manager's waterfront Bermuda home with some crusty captain using the lawn as his personal toilet. yarr.