I believe it has nothing to do with LENR and everything to do with attempting to control inflation because of all of the European and US money printing (QE).
You see the same large companies doing the same to commodities - As he mentioned it is being done by JP Morgan and crew but most likely with the backing of the Fed and the other European central banks.
Why Are the Big Financial Institutions Selling Oil BIG?
http://oilprice.com/Finance/investing-and-trading-reports/Why-Are-the-Big-Financial-Institutions-Selling-Oil-BIG.html
Or if you want a technological reason -- 50 mpg standards, Electric cars -- and cheap, cheap, cheap natural gas.
eg Berkshire's Oil Hauling Railroad (Burlington Northern Santa Fe) Tests Switch to Natural Gas
< http://www.cnbc.com/id/100530572>
