All they need is a legitimate reason to sell.

I hope whoever is speculating and hording Oil loses big time , I mean big time.

As soon as they sell the oil they are hording the oil price per gallon will drop fast.

If you want them to loose money, we have to harass the living bejesus out of our reps.

It is town meeting time, and I expect everyone to give them living hell at the meetings.

Ask them, “Senator, WHERE IS THE OIL?” (where is the beef)

“Senator, WHERE IS THE OIL WE WENT TO WAR FOR?”
etc....

ah, I missed one point,

also was discussed that if speculation was stopped, that one of two things would happen (they couldn’t agree)

1. Oil goes through the roof because the oil companies set the price (Kutlow Theory)
2. Oil goes down by 30%, but all this does is delay the coming price which will be much worse when it finailly arrives. Because without the speculators, there is only the spot market which will surprise us with overnight increases of 300%.

I could be wrong here,,,but why did I not hear any complaints about ‘speculation’ when the price of oil dropped to $10/barrel in ‘99?? /s

Drill Here, Drill now is what we need, but the Democrats are in lockstep to force a downturn in our economy prior to the election. They have tried talking down the economy. They have tried numerous means to bring the economy down since they lied their way into the majority. They block, obfuscate, stall, twist and turn with always the goal of ruining the economy while a Republican is President to take the blame. “It’s the economy stupid”.

We are focusing our attentions on the wrong debates. It’s not Ethanol or Environment, etc. Let’s step back and look at the overall picture. They are screwing us (we the people) for Political purpose.

They want no Republican left behind.

Hmmm...
Any bets on George Soros and Friends???

If you like $5/gal, Thank Congress. If you want $10, Vote Obama.

Pray for W and OUr Troops

I wonder if these democrats singling out the oil market, have looked at the corn and soybeans market? Their charts are going straight up just like crude oil.

Grain traders look to the future and realize the future effects of the flooding in Iowa - the main producer of corn and soybeans. Same thing crude oil futures are doing. There is a reason its called the “futures” market.

Democrats, of course, know this, its just another example of anti-capitalist Marxist demogoguery.

The crude oil market is just about due to some normal profit taken, which the media will foolishly declare is ‘the end of the bull market in energy prices ...’.

Kudlow kicks ass.

They will.

You've got that right. They want us all riding the bus, while they pass us by in their stretch limos.

Of course Soros is involved in the speculating. He also made sure Obama was the Dem’s nominee. Soros invested $900 million in Brazilian ethanol production in 2007. What better to make a profit on his investment than to raise the price of a barrel of oil?

In 2007, the amount of ethanol imported from Brazil went down as the US became the world’s largest ethanol producer.

BEST POST OF THE DAY!!!

That should be a campaign bumper sticker.

In this week’s (July 7-14) ‘US News and World Report’, Brazil is the top exporter of ethanol due to, “its low-cost processing of sugar cane.” Sugar cane ethanol is what Soros invested 900 million in.

Yes, they still are the largest importer into the US as well. But the amount we imported from them in 2007 was less than half of 2006.

http://www.ethanolrfa.org/industry/statistics/#F