Reid
Hasnt Seen Dirt in Years
- Joined
- Dec 30, 2005
- Location
- Winston Salem
You probably noticed that the price at the pump rose for gasoline almost over night.
Speculators think that stores ordering stock for their shelves will increase demand for diesel when truckers start moving all that stock.
The problem is that higher gas prices keep people from buying stuff. thats been the NUMBER ONE PROBLEM with our economy, thats what started the snowball and no one has addressed that.
So the speculators fail to realize that by investing in oil and driving up the prices, in the end they are going to reduce the demand for oil and for no reason push the depression we're out a little further than it should be.
Even if the demand does go up the US is currently over stocked with oil, we haveenough to meet the demand.
just ranting. wall street's stupidity hurts my wallet.
Speculators think that stores ordering stock for their shelves will increase demand for diesel when truckers start moving all that stock.
The problem is that higher gas prices keep people from buying stuff. thats been the NUMBER ONE PROBLEM with our economy, thats what started the snowball and no one has addressed that.
So the speculators fail to realize that by investing in oil and driving up the prices, in the end they are going to reduce the demand for oil and for no reason push the depression we're out a little further than it should be.
Even if the demand does go up the US is currently over stocked with oil, we haveenough to meet the demand.
just ranting. wall street's stupidity hurts my wallet.