As Rush notes, this time of year the so called experts are touted by the Drive By Media on this subject and are more than often wrong.
Again I wish the specultors that are driving the market up would be investigated. This is where we would find the real crime, not at the corporate offices of Exxon, Cheveron, etc.
after amnesty, if each illegal is required to bring with them two gallons of gas, we'll be just fine.
"more than often wrong. " The Lundberg family busines is the most quoted on gasoline prices. I'm under the impression that their batting average is close to the one claimed by Rush.
the specultors. . . . not at the corporate offices of Exxon, Cheveron, etc.
What makes you think that the corporations are not the speculators? I'll bet they are a major force at the margins for short term profits ... and to hedge their long term bets.
But speculation can only have a short term impact. Long term trends are dictated by government overregulation that requires so many different formulas that can each be sold in a limited area, and by regulations that prevent new refinery capacity, and by taxation, and of course by supply and demand.