Well, it looks like Israel and Palestine have flared up and decided to have another one of those little wars they get into every year or so. And energy traders couldn't be happier, raising up the price of oil by nearly $15 to reflect instability in a country that isn't really known for its oil production to begin with. Of course, Iran is sticking its nose into things, taking any chance to demonize the "Zionist occupiers," even willing to throw their support to a bunch of Arabs (you know, the guys the Persians normally don't like) because it gets them so free cheap shots at the Israelis. Energy traders were already complaining that oil prices had been allowed to fall too when they hit $33 in December, so they of course welcome a little bloodshed if it helps raise up the oil barrel prices. In any case, oil prices may be correcting themselves fairly shortly, so we can expect to see $50 oil. –Stephen Payne, Editor, Oil and Gas Investor This Week; www.OilandGasInvestor.com; spayne@hartenergy.com