Donviti FYI

Filed in National by on June 17, 2009

Gas prices are up almost a dollar over the past 5 months.  But hey, they aren’t $4 a gallon so be happy!

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  1. Rhymes With Right says:
    June 17, 2009 at 3:31 pm

    Since the last rise was declared to be Bush’s fault, it seems only reasonable that you concede that this one is all the fault of Barack Obama.

  2. AnnieMack says:
    June 17, 2009 at 4:03 pm

    I really find it amazing that these arrogant and greedy Wall Street types, along with their in-pocket “expert analysts”, continue to try to manipulate profits out of the oil commodities markets, all the while beating the mantra drum of “it’s market conditions that fuel the rise in oil and gasoline prices!” What bullshit!

    http://money.cnn.com/2009/06/16/news/derivatives.oil.fortune/index.htm?postversion=2009061617

    Crude oil recently fetched around $70 a barrel, more than double its December lows.

    The run-up has been taken in some quarters as a sign of the revival of global demand. <— blowing smoke up your ass!

    But the price surge has raised eyebrows because it comes at a time when economies around the globe remain weak. In the United States, oil supplies are at two-decade highs while demand is at a 10-year low. <— here's your market fundamentals, right here, this says 'something's way out of whack.'

  3. AnnieMack says:
    June 17, 2009 at 4:03 pm

    I really find it amazing that these arrogant and greedy Wall Street types, along with their in-pocket “expert analysts”, continue to try to manipulate profits out of the oil commodities markets, all the while beating the mantra drum of “it’s market conditions that fuel the rise in oil and gasoline prices!” What bullshit!

    http://money.cnn.com/2009/06/16/news/derivatives.oil.fortune/index.htm?postversion=2009061617

    Crude oil recently fetched around $70 a barrel, more than double its December lows.

    The run-up has been taken in some quarters as a sign of the revival of global demand. <— blowing smoke up your ass!

    But the price surge has raised eyebrows because it comes at a time when economies around the globe remain weak. In the United States, oil supplies are at two-decade highs while demand is at a 10-year low. <— here's your market fundamentals, right here, this says "something's way out of whack."

  4. Delaware Republican says:
    June 17, 2009 at 5:16 pm

    Part of Obama’s FUBAR economy.

  5. Von Cracker says:
    June 17, 2009 at 6:40 pm

    Bring on $5!

  6. farsider says:
    June 17, 2009 at 8:57 pm

    Repeal the Clinton ruling allowing those who are not involved in the supply chain from purchasing commodities futures and this problem will go away.

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