Re: Fuel Prices... again...

<keith_kichefski@[EMAIL PROTECTED]
> wrote in message 
news:67de489c-c321-4a3c-9df0-2942c3bef26d@[EMAIL PROTECTED]
> It is easy to blame big oil for the sharp rise in prices at the pump,
> but they are not necessarily to blame.  Everyone has probably heard of
> "Futures Markets".  People speculate on what any given commodity might
> be worth in the future and bid on it.  With oil running around $108
> bbl. it stands to reason that someone had to bid on it, at that
> price.

    HANG the speculators!  When oil FIRST hit over $100 BBL it was tracked

to ONE PERSON who says he did it just to prove that he could.  He
immediatly 
turned arround and SOLD those shares AT A LOSS of over $600.  He did it on
a 
lark.