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Buxton ND | Let's go back and look at the whole picture,,,we would have NEVER had the whole ethanol boom it it had not been massive spec money that rallied crude to near $150....That 150 crude look what it did to our economy plain and simple............ Uncle's been tossing billions upon BILLIONS of dollars trying to "fix" the economy..........If you wanna "FIX IT" why not start at the SOURCE,,, CRUDE OIL.... WHY is crude and RBOB prices up here? SPECULATION MONIES,,,,,,,,,,,,,,,,, nothing to do with supply and demand Here's a plain and Norweiginly SIMPLE way to FIX IT.
"WORLD OIL SUMMIT MEETING,,, ONE leader from each major country,,, ONE from each major oil company.....................
Now the rumors and news of a meeting of SCOPE,,,would send the spec monoes running for the hills SO FAST they'd blow a hole the size of a football field in the cyber land crude pits and VERY EASILY drop crude 30-40-50 dollars......... $1.50 gasoline and everything that goes with it,,,THE AMERICA CONSUMERS would re-bound this economy with everything their NOT SPENDING ON CRUDE/ENERGIES....................................
Now this really has nothing to do with this morning markets but as crude production increases in the US and world wide how long can the spec monies keep running crude higher ?
Just a thought the last month or 2,rising crude,gas,,,, and NOW ethanol,getting the ethanol plants to load up on high priced corn,,,then if crude/RBOB start dropping,,,that's what I call Vera-Sun nasty combo...............
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I continue to drink Sat's beary flavored kool-aid Part 2
