Quote Originally Posted by thekid
If you want cheaper gas right away look at how it is traded as a commodity and how the price is affected by market speculators. A car bomb goes off in Baghdad and the price of oil goes up in minutes because traders on Wall Street panic. Change that behavior and you can have cheaper gas tomorrow. Try to drill your way out of the problem and all you do is maintain the status quo and make a small sector of the economy even wealthier.
I agree with this via this post...
Quote Originally Posted by Rich
In my opinion, one reason why gas prices jump the way they do is because of these Futures speculators who say things like... "recent threats against Nigeria will likely cause prices to increase." I mean, who ARE these people and why does the market react negatively every time this babble surfaces? It's a joke.
... which is post #18 in this thread.