Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up?
Me? I'll be watching for Exxon's quarterly financial report!
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Oh! a private buffoon is a light-hearted loon, If you listen to popular rumour; From the morn to the night he's so joyous and bright, And he bubbles with wit and good humour! He's so quaint and so terse, both in prose and in verse; Yet though people forgive his transgression, There are one or two rules that all family fools Must observe, if they love their profession. [Yeomen of the Guard, Gilbert & Sullivan]
Propane for the grill this time of year goes up Russ.
ReplyDeleteGoldman and some of the other recipients of fed largesse/handouts/bailout money are speculating in oil futures, and driving the price up.
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