Demand goes down, price goes up
http://www.google.com/hostednews/ap/...kd1kgD98TRAK00
Does anyone else think that oil speculators should be called before congress? Does not sound like supply and demand to me. Last year we had $4.50 a gallon gas with a supply surplus, go figure. Fair profit for investment? I don't think so. |
Oil Speculation
Just read that the price of gasoline on the big board is starting to drop. The speculators who have been driving the price up are going to get it busted off in their asses.
Warren Buffett took a real beating when he bought Conoco. Chas |
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