100 years or ten minutes is not the point EINSTIEN..
Answer the ACTUAL question..Are you suggesting that CONGRESS can lowewr gas prices at the pump by regulating the futures markets?...yes or no Mr. Know-it-all....
How has Congress done “helping” us all with say ETHANOL? (they have made quite a mess there...addint to world hunger to boot).
When the democrats were sworn into office as a majority in both houses of congress in 2007, pump prices averaged 2.29 per gallon...they were elected promising to do something about those HIGH prices...average prices are now 1.23 per gallon higher as the pump prices FOLLOWED crude prices up as ASIAN demand SOARED.
You are silly to point only at those MEAN out market traders, and even sillier to put your hope in a democrat contolled congress.
And who in the world knows what you are talking about with the GOD reference.
Keep regurgitating your pinhead talk radio talking point rhetoric, its is so obvious that you are so uninformed that reality is irrellevant to you.
Crude price right now has NOTHING to do with demand or supply.. its all about speculative bubble and has been for at least the last 3 years. Secondly, the price per bbl that the oil companies are paying for the oil out of their own fields is between 75 and 80 a bbl, they aren’t paying the 120ish futures price, but are pricing their product as though they were paying those prices.
Go get a clue, because you clearly don’t have one. Keep worshiping at the alter of the market, with it as the alpha and the omega.. don’t let reality and facts get in your way... you’re head just might have to explode when your dillusions are shattered.