If 27 barrels of oil are traded compared to one barrel for the largest actual buyer of real oil,whats that tell you?I think it was in May that Micheal Masters posted what was going on in the market,maybe April.Why did it take so long to get on TV?Because besides deregulation there is no news media either.Seems like its still going on too.The Enron crooks all along wanted a market where they could announce on the radio a hurricane was out in the Gulf of Mexico and jack prices up double. No matter what anybody says about it,this ruined lots of people.There was no sense in it.Speculators are what caused it and need to go to jail for it. All of those folks that paid those thousand dollar electric bills,poor people starving,people loosing their business,the prices farmers had to pay for fertilizer,there is a way bigger picture here than the little tiny one presented.The one presented being terrible,but only a part of the story.
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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