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Old 06-13-2008, 10:18 AM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,365
With speculation like this, yes it will. If people would chill the fuck out, it would drop a little or stabilize.

So many factors involved.

Boost the value of the dollar, boost the stock market, drop subsidies in developing countries (already happening), and cut out speculation.

OPEC actually just stated that the prices are too high for it to be a sole issue of supply and demand... sounds like somebody applied some pressure.
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