CITYBLOGGER..PENAFIAN Laman ini tidak bertanggungjawab atas hasil penulisan yang dipetik dari sumbe

your right and our prez speaks outa both sides of his mouth he is set for the rest of his life he doesnt care . bailed out banks insurance took 20 billion from B.P. the bond markets buying your own debt is the same that brought the nazi /s to power everbody was broke.Many of the comments made herein ignore the data supplied in the article, noting storage/supply increasing. The only reason the cost of oil (and gasoline) is high is - that it is being bid higher by Wall Street players. Simply put, traders are making money without risking anything, by placing bets, and without a real lack of supply. When Enron did this, they were put in jail. When the Wall Street does this, they make money making the rest of the country poor. There are some simple fixes for this:
1) Make a person placing a bid put real money on the table, locking it up until the futures contract is due.
2) Make the person receiving the winning bid actually take possession of the oil, and have to resell it.
3) Put Government controls on Oil (and related products) like the Public Utilities Commisions do for Electricity.