oil speculation vs govt controls

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tomatolord

Chief Petty Officer
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Oct 1, 2004
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It has to be 1 or the other.

I just read a news report that said even though demand in europe and US is way down demand in india and china is going up.

Well how can a chinese/indian person making $500 a month afford $4 gas (lets not talk about the european gas prices).

the ONLY way is the price of fuel is govt controlled, i know the price of gas is fixed in china at 1.50 or something, but that can only last so long as until the Govt runs out of $$ to cover the spread.

Yes i know there are indians making all of 20k a year but they cannot afford $4 gas either.

That leaves speculation...

Tomatolord
 

JB

Honorary Moderator Emeritus
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Mar 25, 2001
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45,907
Re: oil speculation vs govt controls

Sorry, TL. Too controversial and too misinformed.
 

SpinnerBait_Nut

Honorary Moderator Emeritus
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Re: oil speculation vs govt controls

Tread lightly here folks.
Whoops.:D
 
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