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

To: i-node who wrote (405226)	8/8/2008 10:50:46 AM
From: HPilot	Read Replies (1) \| Respond to of 1572100

Actually investing in oil futures is only risky for those who cannot actually take delivery of oil. They must sell the contract before it expires or pay someone storage fees. If you have an oil tank farm then it is probably a very good investment tool.

To: i-node who wrote (405226)	8/8/2008 11:02:48 AM
From: Road Walker	Read Replies (1) \| Respond to of 1572100

A total lack of understanding of how the global oil market works. If you are going to respond to Ted's words you should respond to Ted's post, Mr. What's-His-Name.

To: i-node who wrote (405226)	8/8/2008 11:19:39 AM
From: tejek	Respond to of 1572100

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. And some are contending that speculators are having to sell those futures because prices are falling and they are not prepared to take possession of the oil. Unlike you, I don't profess to know for sure what's going on.....but your massive ego requires that you be an authority even when you don't know what the hell you're saying.