Writes George Mora: “I also think a key factor for the recent spike is the government’s so-called war on oil speculators. The government’s investigative thugs by necessity are targeting the bigger sized speculators in the oil market for harassment. However, the bigger sized players also happen to be the guys who are most likely to take short positions in the oil market, and when no one is left to short the oil market, this means in the short term the oil price skyrockets on any bullish news like Israeli threats to attack Iran.”