Why gas prices are crazy.

[SLO TRUCK]

those are all good points but what is griping about it going to do?

[ff_jeff]

those are all good points but what is griping about it going to do?

Not griping. Allot of people just dont know this stuff. If guys like me didnt speak up, we would still be under british rule.

[Chevy366]

Quote from a Consumer Analyst :
"There is no reason why oil prices should be above $60," Gheit said, noting that domestic
crude supplies are at average levels, and that refineries are cutting gasoline production
as high prices cut consumer demand for fuel.
"The physical supplies do not justify the price, it just doesn't make sense."

I have a trading account and the quote was taken from the news on there , so not everyone see this news or should I say no one wants to report this Analyst view .

Commodity Traders like foreign Investors (foreign Investors are buying because of weak Dollar) , Al Qeada , Taliban , other Terrrorist groups etc........ , keep driving the price up .
(SARCASM) It is our fault , the American people keep buying and buying gasoline to get to and from work , Oil companies have no alternative but to accept all the money we keep throwing at them .

[567234ta]

same **** different decade

[SLO TRUCK]

Not griping. Allot of people just dont know this stuff. If guys like me didnt speak up, we would still be under british rule.

gotcha, I know what you mean. I just work off shore and understand why that fuel is so high.(not saying I like it. I work on a sub sea construction vessel and its on the cheap end of the spectrum and it goes for little over 100k a day. There are plenty of vessels in the gulf alone that go for 750k to a million a day. This one of the reasons that its so high. Just my 2 cents