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View Full Version : Demand goes down, price goes up


noonereal
06-19-2009, 12:13 PM
http://www.google.com/hostednews/ap/article/ALeqM5i4_q7DtiEHvUTVNlJoaJ9ufkd1kgD98TRAK00

Does anyone else think that oil speculators should be called before congress?

Does not sound like supply and demand to me.
Last year we had $4.50 a gallon gas with a supply surplus, go figure.

Fair profit for investment? I don't think so.

Charles
06-19-2009, 04:15 PM
Just read that the price of gasoline on the big board is starting to drop. The speculators who have been driving the price up are going to get it busted off in their asses.

Warren Buffett took a real beating when he bought Conoco.

Chas