Goldman Sachs Group Inc Monopoly.

Goldman Sachs Group Inc once more SPECULATING and forcing the crude price to levels they want, this Group is one of the forefront players as to why we have these absurd inflate prices... Prices jumped to the $125 level after another Goldman report less than two weeks ago, today they have done the same...Crude oil rose above $127 a barrel for the first time, leading other commodities higher, after Goldman Sachs Group Inc. raised its forecast on speculation Chinese diesel purchases will strain supplies.

Goldman SPECULATED its price outlook for the second half of this year to $141 a barrel, from $107, citing supply constraints.
Crude oil for June delivery rose to $127.25 a barrel at 9:20 a.m. on the New York Mercantile Exchange. The contract surged to $127.82 today, the highest since trading began in 1983. Prices have doubled in the past year.

Brent crude oil for July settlement rose to $125.89 a barrel on London's ICE Futures Europe exchange. The contract touched a record $126.34 today.
PetroChina International Co., the trading unit of PetroChina Co., the country's biggest oil producer, has already purchased 400,000 tons, or 2.9 million barrels, of diesel for June. That's in addition to the 200,000 tons that China International United Petroleum & Chemicals Corp., the nation's largest trader, bought for the month.

Saudi Arabia has agreed to increase production in 300.000 a day to help lower prices , White House spokeswoman Dana Perino told reporters traveling on Air Force One.