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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (394660)6/27/2008 6:45:17 PM
From: combjelly  Read Replies (1) | Respond to of 1590599
 
"which is a lot but not enough to make oil cheap. I guess it gets confusing when you read that so many people are blaming it on hedge funds and their alleged speculation. "

Pretty much. I was willing to blame the speculators until recently. Oh, they aren't totally blameless. But, they aren't responsible for most of the rise.

Look at what has been discussed here. OCS, ANWR. That is really expensive oil to produce. That is all we have to look forward to.


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