Monday, July 26, 2010

What is driving up the price of oil? We have a surplus and lower demand on gas than projected.?

Should we take oil out of the hands of day traders. If they are driving up the price of oil?What is driving up the price of oil? We have a surplus and lower demand on gas than projected.?
Well if you asked any of the moronic leftists around here they'd say Bush raised oil prices during his term so you have to assume its Obammy.What is driving up the price of oil? We have a surplus and lower demand on gas than projected.?
The oil producing countries in the Middle East have refused to increase production in order to keep the price up.The oil producing countries and China own us and we are stupid enough to set back and let it happen. Yes you are right about the commodity traders they have too much control over the oil prices.
You nailed it, and you can thank Bill Clinton for entering Light Sweet Crude on the commodities market in 1997...so much for the 'Bush and his oil buddies' horrshit.
What vinny said and get rid of the damn speculators if they need to keep it on wall street.
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