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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (7590)5/22/2008 2:49:08 PM
From: sea_biscuit  Read Replies (2) | Respond to of 71475
 
Folks, I was discussing with a few friends about oil and gasoline today, and someone wanted to know if there is a formula that says if oil goes up by $1, a gallon of gas has to go up by X cents. Does anyone know if there is such a formula? Or a calculator?

The sense we get is that even though oil has gone through the roof, gasoline is way behind, and it probably should be closer to, or even above, $5 per gallon instead of being close to, or under $4 as it is right now.



To: LTK007 who wrote (7590)5/28/2008 12:11:13 PM
From: sea_biscuit  Read Replies (2) | Respond to of 71475
 
Deflationist Mish has now taken refuge along with Lie-berman and others under the commodities bubble theory. He says that crude oil is being manipulated by speculators who keep rolling futures contracts over and over and over. Is there any substance to this theory? Or is it just a panicked deflationist running for cover as the marauding inflationary beast is on the rampage?


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