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Commodities markets are regulated.
Why should someone hold a chair on the market or trade on the floor if they do not intend to actually receive the goods? The markets can go on trading freely among
CONSUMERS not profiteers. It's a simple, easily enforced and reasonable solution.
It's generally agreed that the Iraq war put a 'war premium' into the price of oil.
Seriously. I find it hard to believe this person can operate a computer and find the internet with logic like that.
Surely one can recognize a "natural" amount of oil seepage and a dangerous amount? Holy hell. Let's just fuck up the planet and ask for a reset?
This thread is a testament to mankind's gullibility and willingness to believe anything as long as it confirms with one's own beliefs.
Rightwingers now demanding the government control gas prices?
whoa.
Rightwingers now demanding the government control gas prices?
whoa.
No. We're demanding that the government quit interfering in the production of oil. Obama is the one trying to control the price of gas. He's trying to drive it into the stratosphere.
Rightwingers now demanding the government control gas prices?
whoa.
No. We're demanding that the government quit interfering in the production of oil. Obama is the one trying to control the price of gas. He's trying to drive it into the stratosphere.
Try it this way............
Taxpayer wants garbage picked up
Taxpayer wants their kids babysat in school all day
This thread is a testament to mankind's gullibility and willingness to believe anything as long as it confirms with one's own beliefs.
President-elect Barack Obama plans soon to introduce his energy and environment team, which will include Nobel Prize-winning physicist Steven Chu as energy secretary and former Environmental Protection Agency Administrator Carol Browner as White House energy adviser. The team's makeup shows that Mr. Obama plans to put a heavy emphasis on combating climate change and promoting technologies to wean the U.S. off imported oil...
In a sign of one major internal difference, Mr. Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work.
Former President Bill Clinton said Friday that delays in offshore oil and gas drilling permits are “ridiculous” at a time when the economy is still rebuilding... Bill Clinton reportedly criticized delays in oil drilling permits since last year's spill in the Gulf.
We pay public employees to pick up garbage?
Ummmm... The price of all commodities fell in 2008, dingus. That's what happens in a worldwide economic crisis.
Wasn't it also President Bush's fault that the price of gas increased?
How so?
That's the problem. They don't know what they want Obama to do.
.
So much for the oil czar that this left wing puppet Obomination elected for the job. What about our oil reserves.....Oh wait, they never thought of that or is the Federal Govt trying to recoup the trillions Obumba has racked up by hitting the motorist. Then they blame the Arabs and that is easy to remedy, no oil no food. Once the stomach is empty, the oil will flow faster than water from a tap. Drill Anwar, Drill the West Coast....Drill baby drill....2012 can't come quick enough to oust this moron from the Oval office.
lol
Yeah, 'cause everyone knows that the best way to get reelected is to drive up the price of gas and piss everyone off.
It's not lack of supply that's driving up prices. It's uncertainty about Middle East governments and rampant speculation.
There are groups and individuals bidding up the price of crude with no intention of receiving a delivery of crude. They just want to profit on the price.
If I were president, I would ask congress to make a legal provision that if you speculate on the price of a commodity, you must have the facilities to receive delivery of that commodity.