Quote:
Originally Posted by Topspinmo
So, you’re blaming wall-street, there the ones driving market. Oil companies sell on commodities stock exchange what ever the price is. So, all people buy/selling oil stock are also making historical profit’s. But, that’s ok for them, but not oil company actually producing it.
And another thing, you never responded to “ isn’t all crud oil dirty and hard to clean up”?
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The market reacts to uncertainty by raising prices.
The $64,000 question is: What was the uncertainty that caused prices to go up?
We know about the recent uncertainty, but what was the uncertainty that caused them to go up over $1.00/gallon BEFORE the recent problem?
Methinks many know the answer but won't admit it...