The Experts and nations say the High Oil Prices are due to Speculators...who are they?

Even Saudi Arabia is saying it's not their fault. Everything I've read say it's these Speculators who cause Oil Prices to rise.





Who are these people....and where do they live so can storm the castle and kill the monster?The Experts and nations say the High Oil Prices are due to Speculators...who are they?
Mostly fund managers, looking for a lucrative place to park their investors money now that consumer Mortgages are considered unsafe.





You can look to your own 401K or pension to find the monster.





The possibility exists for some wealthy individual to buy in to this market and manipulate it though. It really has been deregulated to the point that this could not be observed. When the US deregulated, the other nations also deregulated their trading floors.





And I agree that speculators are the problem because the Oil market and price at the pump are just WAY too immediately responsive to news articles.The Experts and nations say the High Oil Prices are due to Speculators...who are they?
Well it's as easy as this. Check the Futures markets. thats where the problem is. Now who would need to buy futures? People who are going to need oil in the future right? So who is buying oil for the future? Who needs lots and lots of oil, and they want to buy it now, and save it for the future? I would say Oil companies would fit into that category. Governments, governments always need oil and a good supply of it. Large manufactures. Shipping companies use a ton of it to get products to markets.





It boils down to this. People can buy oil for the future and do. So much that the supply has gone down. When the supply goes down, the price goes up. With that said speculators are seeing that more people are buying, than what is going to be produced by the time future oil is delivered.
Fred Wombly and Herman Gittle are the two worst characters in the world of oil speculators. A bit further down the list is Marvin (The Marvel) Borscht and Juan Luis Pedro Philippo DeHuevos Epstein. Wombly and Gittle share a condo in Miami. Borscht lives on his twenty-two foot sailboat in Maui and Epstein works out of his mom's basement in Brooklyn New York. I'm not making this up! No kiddin'!
The experts actually say that speculators have probably only driven the cost of gas up by less than a nickel a gallon. The real culprits are those pesky red chinese and indians who decided that they wanted to get in the market and buy gas too.
For the U.S. its a matter of supply and demand. We get most of our oil from other countries. If anything happens anything at all that disrupts the flow of oil (like in Venezuela) price goes up. If Libs would let us drill and build refineries,like Mexico, the price would be lower. 2.50 a gallon in Mexico.
minneapolis airport men's restroom. tap your foot 3 times. everything you want will be handed (literally) to you. this is a covert action. tell no one--if you're caught, deny everything. good luck, dude.
They are big investors, right now they are speculating with Oil and food futures, they are expropiating millons and millons of inhabitants of the World.


I say,Lets expropiate the expropiators!


For Worker麓s Government!
These people basically 'bet' that oil will go up and when more and more people 'bet' the price does start to go up
If you have money in any type of an investment fund,chances are that YOU are the beast.
They live in the WHite House.
half true





Speculators are a short term problem !


they can't keep it up for to long !