Oil prices are not driven by speculation in the futures market.
The Democrats are speculating — they’re speculating that the price of oil will decline soon, as the market fundamentals are changing. They may be right. They will then get credit for what is only a coincidence.
“Oil prices are not driven by speculation in the futures market.”
Well, ok.
But I guess home prices weren’t driven by speculation in the housing market, either, right?
- John