BobbyG
New member
- Dec 29, 2009
- 13,211
- 0
At this time, the price of oil and gasoline is NOT related to supply and demand. Oil and gas are commodities which are traded by people who want to make money. Right now the price is being driven up as a result of what some call a "fear trade" due to the fact that the outcome of the turmoil in the Middle East is not known at present. As Bunky pointed out, you could drill all you want in the U.S. and the price of oil would not be affected. Supply and demand are not the issue.
Give this man a CIGAR!!