Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: grobdriver
I'm just surprised it's gone up this far this fast. It's not even March!

Exactly, normally it goes up during holidays and summer vacations. It rising so fast in Feb. means it's being manipulated. I don't believe for a minute that it's only the Middle East who's playing fast with the price. I suspect a lot has to do with Soros and his pet monkey.

6 posted on 02/24/2012 10:39:27 AM PST by bgill (Romney & Obama are both ineligible. A non-NBC GOP prez shuts down all ?s on Obama's admin)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: bgill

This is what monetized inflation looks like. You get increases in prices at a time when the economy should be depressing prices.

With demand down prices should reflect this same trend to spur demand, but with the influx of money in the markets in general this causes devaluation of commodities of which petroleum is a commodity and hence increasing prices.

This is the same thing that happened under Jimmy Carter, remember the term stagflation?

Here you go!!!!!


7 posted on 02/24/2012 11:12:53 AM PST by boilerfan (Hoosier born, Boilermaker educated and Wisconsin transplant - Go Scott Walker!)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson