I want a visualization like that for the last year, or better yet the last 5 years. This particular chart was from the switch from backwardation to contango in early 2005. This article in general, from three years ago, is painting a somewhat complicated picture of institutional investors being front-run by opportunistic traders. - ⓞnor

My version, 1986-present: http://spreadsheets.google.com/pub.... I can't draw any conclusions from it. I can't help but think that guy on TheStreet is spinning a fairy tale out of random data. - ⓞnor