What nonothing doesn't tell you is that Kloza believes it's the speculators driving up the prices. He says that the demand is at it's lowest and refineries are closing up. I think the guy is full of it, but he's the chief oil analyst for the Oil Price Information Serviceone and a lot smarter than me. He says refineries are getting squeezed by higher oil prices and are closing up rather than operating at a loss. But if this is the case, why are we still importing oil?