Friday, July 23, 2010

With all the airlines grounded and saving gas, shouldn't oil prices be down?

Not going to $4?With all the airlines grounded and saving gas, shouldn't oil prices be down?
Yes, since the demand for gasoline is down and the heating season ending, prices should be going down. But speculators in the commodities market are driving prices up. Basically the money had to go somewhere. Once the speculative money was in stocks, but they haven't been going anywhere in years. Then the speculative money went into real estate. But the real estate bubble burst. So the speculators and their money went into the commodities market. And we all have to deal with the consequences,With all the airlines grounded and saving gas, shouldn't oil prices be down?
They will go down when we nuke China(which our gov. and big business helped turn into a #3 superpower and oil consumer of such great magnitude. Cures the republicans.they are laughing all the way to the bank. We are the fools,the voting public
Supply and demand plus many worldwide factors contribute to the high gas prices. OPEC is the group that sets the oil prices, not President Bush. It does not take an economics expert to realize that.
lol your cute, no that wont change anything


its all about Americas war right now, its costing u billions every day in taxes, and is making u pay **** loads 4 petrol...


and when u really look at it..... America kinda just did it all for ...';fun';


so gas prices will always be high and eventually high will be the new normal and u will soon forget its high. untill Americas next war which will make petrol prices now ';cheap';

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