Replies

To: FromLori

wonder who specifically is speculating the price of oil up?

2 posted on 06/11/2009 4:02:40 PM PDT by Para-Ord.45

To: Para-Ord.45

You know I read one of the banks GS I believe rented tankers to store oil so besides them who knows but it is being hoarded I know that.

3 posted on 06/11/2009 4:05:02 PM PDT by FromLori (FromLori)

To: Para-Ord.45

"wonder who specifically is speculating the price of oil up?"

Same as before. The Democrats in Congress. They canceled all the leases that were signed after Bush removed the Executive Order against drilling.

10 posted on 06/11/2009 4:28:58 PM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)

To: Para-Ord.45

Speculation isn’t driving the price of oil. The weakening U.S. dollar is causing the price of oil to rise.

15 posted on 06/11/2009 5:09:10 PM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794