Scapegoating Oil Speculators Wont Ease Pain at the Pump By Bloomberg Editors Apr 17, 2012 7:00 PM ET It is true that traders, ...But that doesnt mean they are to blame for higher oil prices. Speculators also operate in the markets for natural gas, where prices have plunged almost 60 percent in the past year because of vast increases in supplies. Speculators can push prices up or down, but they cant repeal the laws of supply and demand. Scapegoating Oil Speculators Won So WHAT is the difference then between OIL and natural gas as regarding the "laws of supply and demand"??? Because the editors go on and say: "Obama is correct about one point. Republicans are kidding themselves and voters when they argue that unfettered drilling in environmentally sensitive areas will lead to $2.50-a-gallon gasoline. " SO again.. why was natural gas prices lowered 60% due to Increased supply but OIL won't adhere to the laws of supply and demand"??? Someone please explain!!!