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Old 02-21-2013, 10:21 AM   #530
Join Date: Oct 2010
Posts: 1,450

Originally Posted by TCF View Post
Perhaps this will explain to them a little about gas prices.

Like most of the things you buy, oil prices are affected by supply and demand. However, oil prices are primarily controlled by oil futures contracts, which are traded on the commodities futures exchanges. The price depends on what investors think the price of oil will be in the future. When traders think oil will be high, they bid it up even higher. In this way, commodities traders create a self-fulfilling prophecy by bidding up oil futures prices. This leads to an asset bubble. Unfortunately, the one who pays for this bubble is you!
Do you think by any chance these guys are hering and seeing what dummy is doing from the White House , so when 25 rigs are being shut down and pipelines are being veto'd then when they are trading on the market they jack us , pretty simple math ,,,,, like trying to outlaw gun the sales spike pretty simple to see who is causing the sale spike unless your willfully blind ?
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