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OIL; Just to know
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Posted by jfp on September 16, 2005 at 08:05:47 from (205.188.117.6):
This is a very touchy topic. But I see so many people blame the president & congress and the oil companies for such high gas prices. THE truth is they all are not really to blame. Now before you listen to what's been handed down from others hear me out. Oil is traded on the market by individuals wanting to buy and sell oil contracts to make a profit (mostly rich people but not all). They call this making money on paper and after all MONEY is just "paper" before it gets the green ink. Now these people are just doing this because thats how they know how to make a living. Much like a farmer plants his crops or a carpenter builds a house. We all do something to make a living.
These people buy any amount of oil contracts and when a lot of buyers jump in the price goes up on our gas. Supply and demand. The gov't needs this for tax reasons to buy more foreign oil and help hold the cost down. Freeze the oil prices and we are stuck with high prices on gas. That's where terroist come in. They think they get the price of oil up and then go collect from the rich oil sheiks. They really don't care about the oil, they just want to be in control of the whole world and dominate it with their religion of kaos. It won't never happen. Hilter was the same way. I can remember when I first started driving gas was 21 cents a gallon. Who would ever thought it would go this high in my world but some folks did and made a bundle in the market. I can't blame those folks for wanting to make it big though. If I had known ? I 'd done the same and you would have too!
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