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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (139331)10/23/2013 5:05:23 PM
From: mel221  Read Replies (1) | Respond to of 149317
 
Let's see... the 1% is getting all that QE money. They don't need much gasoline and have little effect on demand.

However, the 99% gets little of all that QE money and have few jobs, limited opportunity, and high unemployment. Not much demand for gasoline from those folks either. All that combined with increasing crude supply from North American sources suggests that demand is falling behind supply.

But did you see that BART strike in the Bay Area. Those already high paid unionized workers want a 26% pay increase over 3 years. I guess they don't see any inflation either.