Pelosie is wrong; it’s not speculators who are driving up the cost of oil, it’s evil spirits or gremlins. I know this is so because my cat told me so.
Leftist generally and Bill O’Reilly in particular lack the brains to understand the vital role played by speculators in all realms of a working economy. They are the mechanism by which demand and supply can anticipate and inform each other.
Yep - the more copious and stable the supply, the less effect the "evil" speculators have as they "work hand-in-hand with the evil oil companies to screw us".
You are a speculator every time you fill your tank in anticipation of higher prices tomorrow. They vilify anybody in the distribution system as a speculator when in fact no speculator is big enough to move the market, the market moves the market.
Pray for America