Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (405216)	8/8/2008 10:39:11 AM
From: i-node	Read Replies (3) of 1572102

Given the way oil has dropped in the past three weeks, would you not agree that speculation and hoarding were not a significant part of the $148 top? A total lack of understanding of how the global oil market works. The price of oil is based on futures. There is zero evidence to support the claim, the liberal lie, that "speculation" played a significant role in the price of oil. People buy oil futures because they need to cap oil prices to operate their businesses. The number of people merely gambling on oil prices is exceedingly low, because if they've done it very much they have lost their entire investments. It isn't the Hillary Clinton futures market, where you're guaranteed a profit.

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