Speculators add about 33% to the price of a barrel of crude....or so I've heard. Damnation is too good for them.
yeah...
wish I was in on it early so that I could have my retirement set up hehe :)
Unfortunately that is the market we live in.
--where did you hear that?
You disagree that people have the right to try to make a profit?
Frell, I thought we were all Capitalists here. Amazing.
Gas prices in Dallas went up 25 cents in the past week, up to $2.85. Wait until the summer driving season kicks in. We'll see nationwide average gasoline prices in excess of $4.00
huh? All it is is representative of a built in risk premium of global uncertainty.. you can't wish away the market forces of pricing in risk, as much as socialists have continutally tried and failed to do.