Wednesday, April 25, 2012

Speculators Doing It Again......

Speculators driving down the price of gasoline (futures)

From CarpeDiem.com.
Well now those greedy, market-destabilizing, market-manipulating speculators have changed course, and they're now driving gasoline futures prices down, see chart [at link].

"U.S. gasoline-futures prices have dropped 16 cents a gallon over the past eight trading days, as more U.S. crude becomes available for refining into gasoline and fears about a shortage of refining capacity fade.
Interesting.

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