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1 posted on 07/28/2009 12:22:05 AM PDT by FromLori
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To: FromLori

Of course it was speculators...the oil market has had virtually nothing to do with supply and demand since the Dems were put in office in 2006.

Even now with the economy at its lowest in decades, oil is still 65 a barrel. In 1999, with economics bad but much better than now, oil was 12 a barrel.


2 posted on 07/28/2009 12:35:48 AM PDT by A.Hun (Common sense is no longer common.)
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To: FromLori

Duhhh comes to mind.


3 posted on 07/28/2009 12:42:08 AM PDT by skr (May God confound the enemy)
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To: FromLori

Soros comes to mind. Why hasn’t this guy been dragged to a waiting jail cell?


4 posted on 07/28/2009 1:25:42 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: FromLori
oh please. who's on the cftc that's in bed with rahm emanuel these days.

The biggest speculators in the oil markets are probably the russians. what's the CFTC got to say about them?

5 posted on 07/28/2009 2:19:26 AM PDT by the invisib1e hand (The revolution IS being televised.)
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To: FromLori; All

ABOUT TIME!

THERE IS JUST *NO* economic fundamental justifying this recent run-up in prices, and the CFTC finally gets that.

Now the market’s running scared today with prices diving.

Gee, what a shock.


10 posted on 07/29/2009 9:00:11 AM PDT by rwfromkansas ("Carve your name on hearts, not marble." - C.H. Spurgeon)
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To: FromLori; All

I hope the CFTC does follow through on the hearings this week and puts firm limits on speculators. They need to end their reign of terror on this country.


11 posted on 07/29/2009 9:02:09 AM PDT by rwfromkansas ("Carve your name on hearts, not marble." - C.H. Spurgeon)
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