Quote:
Originally Posted by cykoe6
You keep using that word. I do not think it means what you think it means.  |
Maybe it is you who needs to look it up.
There are more problems than just the oil companies taking profits. I understand that, but taking away their tax credits is a good start. They are also taking in record profits while fucking over the country, that's when the government needs to step in. That is the job of congress.
The price of the dollar is another problem.
The major problem is speculators hedging that oil will go up, and not having any regulation or margin requirements.Some economists are saying that if there were regulation on speculators that the price of oil would drop by half within a week.
Basically it's like going to vegas and saying you want to put a million down on black, but you only have a hundred bucks.
So yes, I do know what speculation is. Do you?