Supplies Increase and Demand Drops But Oil Keeps Climbing...

[STANGGT40]

Gotta love those speculators!

[mustangguy289]

They should be required to take physical inventory before being able to resell and they should be required to cover their purchases 100%.

[GhostTX]

I would love to have one of those bastard get their contract called and they suddenly have to deal with a tanker of oil.

[Geor!]

The game is rigged and we're the losers... every time.

Raising current prices of oil based on what speculators predict prices to be six months out. Selling gasoline that has already been purchased at one price for an increased cost at the pump. It's a joke. If there's anything that needs regulation, it's that corrupt industry.

[KungFuHamster]

so how do i become a speculator?

[YALE]

so how do i become a speculator?

Buy commodities futures, sell them at a higher price.

[KungFuHamster]

Buy commodities futures, sell them at a higher price.

does this work for things other than oil? say...food? my assumption is yes.

[stevo]

does this work for things other than oil? say...food? my assumption is yes.

Ever watch the movie "Trading Places"?

Frozen concentrated orange juice futures.

Stevo

[GhostTX]

Ever watch the movie "Trading Places"?

Frozen concentrated orange juice futures.

Stevo

Pork bellies FTW!

[Captain Crawfish]

They should be required to take physical inventory before being able to resell and they should be required to cover their purchases 100%.

Open a futures account join them and quit bitching about it. The middle east is a ticking time bomb and will drive prices to the moon before its over.

[clevelandkid]

Pork bellies FTW!

which is used to make bacon...

which you might find in a bacon, lettuce, and tomato sandwich...



Classic.