State of Speculative Oil Play

After weeks of rising oil price due to the situation in North Africa, OPEC officials have finally talk about possible production increase.  As a result oil prices have pull back and helped a wide stock rally today.  However for those who invested in speculative small oil companies like Blue Dolphin (BDCO), Royale Energy (ROYL), and Lucas Energy (LEI), it might be better to stay away and see how the situation proceeds.  Because as soon as the conflict in Lybia is resolved, it's very likely that the 200% gain from these speculative play could evaporate in a matter of weeks or even days.  Even if the civil war in Lybia continues, increase in OPEC production and US tap into oil reserve may also stopped the rally of these stocks.