In December 2008 crude oil fell to approximately $33/bbl. This ETN traded at $23 per share at that same time. Now crude oil is about $64 /bbl, and this rip-off ETN is trading under $22 per share! This ETN should have fairly DOUBLED since December, and it hasn't moved. If you all think this reflects the price of crude, you have no idea how this ETN works.