To: TArcher
Never heard of the NRDC. Opec has been running the oil industry world wide with the help of socialist presidents here. Obama/Salazar shut down oil production on government land and that was only broken up buy the Dakota oil finds and fracing bringing us cheap natural gas which cut off the high priced OPEC oil. Obama doubled the gasoline price by his policies.
9 posted on
04/14/2013 11:34:49 AM PDT by
mountainlion
(Live well for those that did not make it back.)
To: mountainlion
>>Obama doubled the gasoline price by his policies.
Don’t forget to factor in the speculative effect of QE1,2,3...{ ad infinitum } Benny Bernankie Inflat-O-bucks.
Physical demand is relatively static - Cyberian demand, being manufactured within the domain of the same jackwagons who funneled all that AAA A$$paper through their systemically corrupt pipeline, not so much.
http://www.google.com/#hl=en&sclient=psy-ab&q=Oil+speculation+site:www.zerohedge.com
11 posted on
04/14/2013 11:47:23 AM PDT by
TArcher
("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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