Feds blame oil surge on supply and demand

I am very suspicious of this,....
I am sure it has a contributing factor but I also believe market manipulation by OPEC has a great deal as well...

The price of fuel has basically doubled in 2 years.... Two years?????? has to do with demand??? BS and more BS... again it has something to do with it but it is not the largest factor...

Okay lets say demand is "the" reason... then explain to me how all of a sudden our fuel doubles in to years with no foresight in demand increase???? Isn't that what we Americans pay our government to watch for us? we pay them to run this economy and they failed to see this "HUGE" increase in demand that would double our fuel cost.... They preach "globaalization" all day long and fail to adjust accordingly to not allow such a huge increase in fuel????? So basically if they are saying it is do to DEMAND they are telling me that they are failures at thier job... I want to fire them all because anybody else in the "normal" world made a mistake that doubled your employers cost is getting a kick in the butt right out the door (probably would have to take them to Court to get thier last paycheck as well)... That's what they are telling us, they are failures.... Like we already didn't know that....

 

cough.... cough... b..u..l..l..s..h..i..t..e.... cough... cough

 

and yet on msnbc when the price dropped, they said it was due to private individuals starting to sell off the stockpiles they had invested in.

as far as supply and demand thats what it is. big money wall street folks keep an eye on stuff like this.

think of it like this, you need apples. farmer joe has apples. he agrees to sell you 11 apples every day for a buck an apple. perfect, youre selling them for 2 bucks anyway. but you really only need 10 of those apples. youll just use the extra one to make applesauce in case you get hungry this winter.

big fat wall street wally sees the deal youve got here, and decides to capitalize. wally talks to joe, and says hey ill pay you 1.10 for those apples, but i only need 5 of em.

so you tell joe hell ill give you a 1.20 for all of em, and then wally raises his price and this goes on for months and months and months. eventually your apple business is going broke cause wallys hoarding all the apples and you cant keep up with demand. wally realizes this, comes to you and says hey ill sell you a hundred of my apples, 2 bucks a piece. as this would get your business rolling again, you accept and reap the benefits by upping your price to 3 bucks per apple. meanwhile ole wally is gonna go to joe and say hey, he dont need them apples as much anymore so im gonna go back to giving you a 1.50ish for a bit.

and just like that he started the game all over again, only hes buying the apples cheaper again so he can turn the same amount of profit in a few months when he comes to you with a hundred apples for 3 bucks each.



im glad i got applesauce in my cooler for some reason.