Oil is up in price. Global demand for oil is up.
The largest price component of gasoline is crude oil and it is up.
The cost of crude oil has risen more than any other component cost of gasoline.
Gasoline Pump Data History
http://tonto.eia.doe.gov/oog/info/gdu/gaspump.html
Global demand may be leveling a little due to
other nations economic problems and our
little lss demand. But that don’t stop speculators.
You look at the graph and the only thing that
has risen of the 4 components of the gasoline
price........... is the one speculators..........
get their hands on.........I think some speculators
don’t care about profits, you know the Soros types,
who are trying to hurt our country.As weell as drive up oil prices which raises their income. Another crappy
article just above this on on FR, reporting that oil
ministers saying that ethanol is the only factor
in food prices going up, and not their oil prices.
and same foriegn oil people are the speculators...