I'm so sick and tired of people saying on the news all the time that the current high price of oil is due to supply and demand. That is total b.s. as the world has plenty of oil to meet demand right now. However, if the Wall Stree Journal mentions that it ';predicts'; oil will go to $200/barrel, the next day the prices skyrocket. It's pretty obvious to me and a lot of other people what's going on here....it's the speculators and people like the Wall Street Journal driving prices.....I know we're supposed to have a free market and all in this country, but this is one area where we need to put our foot down and put a stop to it.Why isn't the government putting stop to oil speculation?
Not BS: It's supply and demand. Speculation goes up and down. Speculators can only effect the price slightly because other speculators would take advantage if the price was over inflated.Why isn't the government putting stop to oil speculation?
Ya!
Stop it in all countries.
How we do dat?
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