[twobjshelbys]

And on NBC it was stated there is:

No excessive demand
no shortage of supply

So why is the price so high?

Because commodities traders are moving little piles of money around to get rich. Trader A sells to Trader B for a profit. Not to be out done, B sells to C, C to D. Every step of the way the price goes up and money goes into a speculator's pocket.

All because a butterfly flapped its wings.