Monday, May 11, 2009

More Proof Gas Prices Are A Farce:

From a post on Huffington Post by Mark Williams:

(snip)

Regardless, oil prices continue to rise even though demand has hit its lowest level since the Sept. 11, 2001, terrorist attacks. Crude inventories are at their highest levels since 1990 when Iraq invaded Kuwait.

"In my mind, this is a market that is looking for an excuse to go higher," said Phil Flynn of Alaron Trading Corp."


Supply and demand my arse. Profiteering is more like it.

No comments: