Friday, July 30, 2010

Will the Gov. recognize that oil prices are driven by speculators?

Since demand for gasoline is the same and the supply is still the same, yet crude prices have fallen about $20 per barrel this past week, doesn't it seem logical that we recognize that speculation by the unregulated Hedge Funds and Big Investment Banks are driving prices ??? Is anyone in Government smart enough to draw that conclusion ?? Will someone take a look at the ';ENRON LOOPHOLE'; and the ';DARK MARKET';????Will the Gov. recognize that oil prices are driven by speculators?
That is what a lot of independents are saying. I personally believe it. Ben Stein and Glenn Beck have been saying that very thing for a while now.





To me, it all seems very artificial. If the price is not being driven by demand then it may as well be called gouging.Will the Gov. recognize that oil prices are driven by speculators?
Not to mention that US refineries are full of oil and there is a glut of gasoline on the market due to declining demand in the US.





The price was bound to break sooner or later. Americans are severely cutting back on consumption.
what happened to big oil was it not there fault until the speculators came into the picture.





it's misleading just another way to take your mind off of who is really to blame the Govt
They already know this. The speculators are their friends. The entire Bush family comes from oil. That's the reason he isn't looking into it.
Im sure both parties have set a ';timeline'; for their contributors to get rich and then get out of the oil futures market.
yet gas is $4.25 a gallong ..new stations are putting up prices signs that are digital and can be changed by pushing a button
big business, with big confussion
That's just speculation.
if republicans stay in then no.
The govt are the biggest oil merchants so what do you really expect?

No comments:

Post a Comment