Re: $4.00 +++ per gallon
[ QUOTE ]
The price of oil these days has very little to do with OPEC and everything to do with the commodity market combined with the value of the US dollar.
[/ QUOTE ]
With little manufacturing left in the U.S. to invest in speculators have to invest their money in something else to turn a buck. That something just happens to be oil. We cant do without it and speculators are taking advantage of the situation. Not much different than investing in gold, land speculation or the banking industry. They're just in it for the bucks. And they're making a killing doing it.
__________________
......................
John Brown
This isn't rocket surgery.....
|