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    3. I just heard on Fox that Speculaters are Driving up our Oil and Gas Prices. Does onyone know who they are?
    I just heard on Fox that Speculaters are Driving up our Oil and Gas Prices. Does onyone know who they are?

    It is no just Oil and Gas, our Foodprices are going through the Roof.

    Answer this
    +11  Views: 1642 Answers: 11 Posted: 12 years ago
    longjohn

    The U.S Goverment
    Commented 12 years ago
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      11 Answers

      The answer's not really in yet if speculators are driving up the prices on their own, many experts blame the weak dollar and other factors, here are some interesting related website to check out, let us know what you find???


      Who's to blame for rising oil prices? Speculators
      Many blame Middle East turmoil or a weak dollar for rising oil prices, but they provide only a partial explanation. The chief culprit is speculation in oil ...
      https://www.csmonitor.com/Commentary/Opinion/2011/0427/Who-s-to... - Cached
      #
      S.O.S. Now - Stop Oil Speculation Now
      Wall Street speculators drive up the price of gasoline, diesel and jet fuel by buying and selling oil with no intention of ever using it. The Stop Oil Speculation Now ...
      https://www.stopoilspeculationnow.com - Cached
      #
      Oil price spike: Speculators aren't to blame
      NEW YORK (CNNMoney) -- High oil prices are here to stay and they're caused by surging demand and limited new supply, not Wall Street speculators. That's ...
      money.cnn.com/2011/04/28/news/economy/oil_prices_speculators - Cached
      #
      COLUMN - Oil gets "evil speculator" buy signal: James Saft
      HUNTSVILLE, Ala. (Reuters) - If history is any indication, the Obama administration's investigation into oil speculators makes now a potentially great time ...
      in.reuters.com/article/2011/04/26/idINIndia-56570220110426 - Cached
      #
      Rising Oil Prices Harm American Families but Enrich Serial ...
      Another way to limit the potential for speculators to manipulate the market would be to charge a small transaction fee for oil speculators. People who oil need must buy ...
      https://www.americanprogress.org/issues/2011/04/oil_roulette.html - Cached
      #
      Oil Speculation, Insider Trading, JPMorgan, AT&T: Compliance
      [Apr 25, 2011] President Barack Obama said a Justice Department probe will examine the role of “traders and speculators” in oil markets and how they contribute to high ...
      https://www.businessweek.com/news/2011-04-25/oil-speculation... - Cached
      12 years ago. Rating: 6
      Comment this answer

        Ann

        Yes it is Wallstreet.Speculators are sizing on recent political Turmoil in Africa and middle East driving Energy Prices to unwarranted levels. Thanks leeroy. I found the information I was looking for.
        commented 12 years ago
        leeroy

        I know that they played a big part in it, the suggestions I've heard is to regulate the trade in oil, making the speculators put more money down. Sounds like a good idea to me.
        commented 12 years ago
        They take advantage of our Ecomony to make money,that drives foodprices up at the same time.and they never come down.
        12 years ago. Rating: 7
        Comment this answer

          Probably rich Republicans
          12 years ago. Rating: 7
          Comment this answer

            ole hipster

            The meeek shall not inherit the Earth unfortunately
            commented 12 years ago
            Ann

            Maybe. But we needto know for sure
            commented 12 years ago
            A part of the problem is that you don't have to put much money down to speculate, this part of the problem could be helped by a little more regulation. If the government were to require more of a down payment to speculate, there would be (Less Speculation), that would most likely stabilize prices and lower them as well.
            12 years ago. Rating: 6
            Comment this answer

              Investors--- Probably rich democrats.. :)
              12 years ago. Rating: 5
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                ole hipster

                Ouch Vinny! (: lol
                commented 12 years ago
                Ann

                I do not know if they are Dems. or Republicans., but our Govt. needs to put regulation in place on Wallstreet to stop this Highway robbery!
                commented 12 years ago
                ONIHR777

                vinny you try to baffle with bullshit thats for the uneducated or as you like to call them republicans. tell the masses what the bush families two primary incomes came from. i bet you have no clue this is prior to his election
                commented 12 years ago
                ONIHR777

                vinny you try to baffle with bullshit thats for the uneducated or as you like to call them republicans. tell the masses what the bush families two primary incomes came from. i bet you have no clue this is prior to his election
                commented 12 years ago
                Vinny

                On (or whatever your name is) I read your reply the first time. I think you are misjudging the education and intelligence of your peers here, I am aware of the Bush's involvement in oil, just as i am aware of AlGore's investment in oil and other high profile democrats, now the new scam is alternative energy, this field of investment is drawing hordes of speculators as well as thousands of other crooked market controllers,All behind AlGore scare tactics that are intended to make them wealthy beyond any oil investor's wildest dreams. The 'wallstreet deregulation' is the biggest culprit, this I agree is a republican failure, however, the democrats are doing nothing to fix it. Obama's stimulus packages are also a failure, major burden to the American people -as one company "soylandra solar panels' that received 535 million walked off with it.. There is blame on both sides, I am a republican, I am willing to admit my party's failures, how about democrats? are they willing?? Not that i see or hear.. Democrats are always pointing fingers at bush, yet their guy has so far been the Messiah unable to make a mistake regardless of the failures he had created as clear as the nose on 'your' face.. :)<----smile
                commented 12 years ago
                Probably rich Socialists...
                12 years ago. Rating: 5
                Comment this answer

                  Ann

                  It is almost impossible to find out what goes on behind closed doors. They like to keep it that way!
                  commented 12 years ago
                  leeroy

                  I used to work at a stockbrokers office and was considering taking my series 7 test,(to become a stockbroker) the only problem was that you had to lie to your clients. I didn't want to be a professional liar.
                  commented 12 years ago
                  what I find intriguing is this when they tell us they are not make money every quarter when the profit's are released they are racking in BILLIONS can any one say a hogwash !!
                  12 years ago. Rating: 5
                  Comment this answer

                    Ann

                    You are right. Derugulation on Wallstreet!
                    commented 12 years ago
                    Oil is a commodity, which means the price fluctuates due to supple and demand. Even perception affects this, since an unstable government in an oil producing country COULD affect oil supply - even if it does not - still can make the price go up. Speculators make their money betting on pricing going up or down. They "bet" on future prices by buying contracts on future oil production, and selling them for a profit when supply is threatened. They do drive up prices in some cases, but there is not much we can do about it - it is part of and happens in almost all commodity markets. You could go out and buy your own oil futures, but who has the money for that - and then YOU would be a speculator...
                    12 years ago. Rating: 4
                    Comment this answer

                      Ann

                      good comment.
                      commented 12 years ago

                      wouldn't that be the wall street investors , whom just can't seem to make enough money off those in need ..

                      12 years ago. Rating: 3
                      Comment this answer

                        Most likely it's Old George Bush and his sons.

                        12 years ago. Rating: 3
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                          Ann

                          I found out it is big Investment camponies like Goldman-Sachs and Morgan Stanley who are buying all the Oil stocks and speculating on the price.
                          commented 12 years ago

                          ITS THE GEORGE BUSH UNREGULATED MULTICONGLOMERATE OIL COMPANYS  BANKS AND STOCK MARKETS. AND ITS THAT IDIOT OBAMA TRYING TO FIX IT. I THINK THE GLOBAL ECONOMYIS A LOT BETTER OFF IF THE IDIOT (GEORGE) STARTS THE VERY FIRST GLOBAL FINANCIAL MELTDOWN .  WE IN CANADA THINK THE KENYAN IS THE BRAINS FOR THE JOB. EVEN IF YOU DONT THINK SO.

                          12 years ago. Rating: -1
                          Comment this answer

                            Ann

                            As I just said above, its big investment companies who are buying all the oil stocks and speculating on the price. By the way, I dont think I have heard anyone other than you from Canada that thinks Obama is the Brains for the Job.
                            commented 12 years ago


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