[hophead]

Give me a break!!! When an energy trader sneezes the cost of oil goes up $3.oo a barrel. It's not the oil companies or the gas station owners, IT IS THE OPEN MARKET TRADERS. They are speculating on this crap!

[topher]

Don't use the "$3.oo" in lieu of "$3.00".

This is a trademark of MD4Bush.

God bless!

[jonrick46]

And their speculation may end with a bursting bubble. The good thing is that more focus will be put on the hydrogen economy. May the nay sayers finally take a back seat.

[GregoryFul]

It is capitalism at work. Speculators take risks to provide you with what you want at the price you can afford. The speculators get burned from time to time as well. SPR release, blows away some speculators who bought oil futures on margin at a price not sustained by this added supply. Saudi Arabia says they will provide more supply, another 10% of the speculators are bankrupt.

But if we had central planning rather than the free market, you would wait in line for hours to get gas, and be pissing and moaning about the stupidity of the government planners.

I say rah, rah for the free market!

[wolfcreek]

I spoke with a former oil company employee the other day and he said don't believe a damn reason the oil companies have for high gas prices. He said, their in the business to make as much money as possible and don't give a damn who they hurt in the process.