ME,
How does the average man or woman 'develop alternative fuel sources" when they are being so "greedy" working 40 hours a week to pay the bills? When I actually make money on oil instead of paying Wallstreet for my gas, I let you know.
George Bush couldn't even spell Democracy. His whole policy on 'free markets' is to give the advantage to any other country BUT the USA and, to design, implement, and control the Commodities Markets (CFMA Act, Walter Lukken, Harris at the CFTC) to the point that speculation is at 90% and climbing. Since he destroyed the housing market and crippled banking, continues in Iraq & Afghanstan with the largetst deficit in history, and NEVER comments on gas prices (he doesn't know them)...what's next?
God bless George Bush, and his commitment to democracy and capital markets. It's all about freedom of financial choices isn't it! You don't like ur job, get another. Your car uses too much gas, get another car. Quit crying like babies and start acting like men!
We the people are to blame for oil, no one else. Greed, dependency on one fuel source and not developing alternative fuel sources in the early 80's, but mostly over indulgence-waste-arrogance that they are entitled to it but mostly Greed, Greed, Greed (in mostly everything). Always nice to see what goes around comes around......................
Jim L,
The markets will never stabilize until & unless trading in the commodities futures markets are brought back in regulation with position limits against speculators & in favor of physical buyers. All the rules need to be FORCIBLY put back into place. Since Bush & Republicans favor the status quo & are standing by Bush appointee, Walter Lukken, the 'top cop' at the CFTC who refuses to regulate, we are stuck until better times when the Bush Admin is history.
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More and more individuals and companies are investing in commodities such as oil to offset any future cost increases (which is why we have commodity indexes in the first place). The market is increasing the amount of customers (demand) and when it is finally realized that these new speculators are just purchasing their commodities ahead of time (offset demand)and it is not a surge in consumption, the price will drop substantially (market crash). Its only a matter of time!
