refineries are running at about 75-78% of capacity. We're making plenty of gasoline and we have plenty of oil. the Commodities, Futures Modernization act of 2000 is what's at fault. It allows big brokerage houses to speculate the price in the futures markets instead of oil being controlled by true supply and demand. Oil would be selling for 55-60 a barrel in a true supply and demand arena.Lets get real here LIBYA Produces a measly 2% of the worlds oil
The rise in prices are being driven by the Speculators BIG BANKS like GOLDMAN JPMorgan and all the hedge fund WEASELS
Where are the regulators for the futures market asleep at the wheel like always
WAKE UP PEOPLE ITS A RIPOFF ALL IT IS AN EFFORT TO SLOW DOWN THE "RECOVERY" TILL THE NEXT ELECTION CYCLE BY THE BANKSTERSSame thing happened in 2008 with these crooked speculators right before the big recession ... Its coming again because these educated idiots don't learn anything ...
PEACENOTWAR MAKEFRIENDNOTENEMY FEAR ALLAH NOT MAN.ISLAM MEANS PEACE.ISLAM FOR ALL. MUSLIMS ARE NOT TERRORIST AND TERRORIST ARE NOT MUSLIM.PLEASE BE INFORMED THAT ALL PICTURES AND TEXT IN THIS BLOG ARE TAKEN FROM THE WEB UNDER FAIR USE TREATY AND FOR MY PERSONAL COLLECTION.IF THEIR OWNERS DO NOT LIKE THEIR PICTURES OR ARTICLES APPEAR IN THIS BLOG,PLEASE CONTACT ME TO DELETE..THANKS.
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