Oil Gives Economy Both Barrels

Wall Street Journal ^ | 3/3/2012 | Liam Denning

[allmost]

Done deal.

[allmost]

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[2001convSVT]

How long before President Obama calls for price controls?

[Sequoyah101]

Aren’t they like, speculators?

[U-238]

They are both involved in speculation but hedging involves taking an offsetting position in a derivative in order to balance any gains and losses to the underlying asset. Speculators make bets or guesses on where they believe the market is headed.

[U-238]

http://wiki.answers.com/Q/Difference_between_speculation_and_hedging_strategies

[houeto]

He is really made. Try it from him..Whineing pathetic, too close to reality. must be nice. I qaulifiy one.

I've read through this thread 3 times trying to figure out what your problem is to no avail. Care to spell it out in simple, understandable terms?

[VRWC For Truth]

Oil isn't the cause. It's the symptom. The Democratic party along with the RINOs have derailed the economy with insane levels of spending.

[citizen]

I’m no oil analyst but it’s pretty clear that this oil bubble, assuming no Mid-East war, will be over long before October\November and gas will be at $3 or less, certainly well under $3.50.

If the Mid-East does go up in flames, I’ll probably buy a Volt and a 200 foot extension cord to charge it from my condo.

........just kidding

[U-238]

I agree.

[U-238]

I’m no oil analyst but it’s pretty clear that this oil bubble, assuming no Mid-East war, will be over long before October\November and gas will be at $3 or less, certainly well under $3.50.

I agree.I would say that speculation is driving up the prices.

http://money.howstuffworks.com/oil-speculation-raise-gas-price.htm