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05-30-2008, 08:28 AM
| #1 (permalink) | |
 Join Date: Sep 2007 Location: Hollywood on the Potomac (DC)
Posts: 5,631
| The government is here to help! I heard on the news that the feds are investigating oil price fixing. We will have to wait and see what this leads to. Gov't discloses investigation of crude-oil market - Examiner.com Cantwell hails federal inquiry into oil markets - Examiner.com This article also mentions it: Oil extends decline, prices below $126 a barrel - Examiner.com
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05-30-2008, 08:54 AM
| #3 (permalink) | |
| RED SOX NATION!!  Join Date: Aug 2002 Location: Connecticut
Posts: 71,233
| It's supply/demand........world demand is high therefore prices are going to be high 
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05-30-2008, 10:19 AM
| #4 (permalink) | |
| R DowneyJR future ex-wife  Join Date: Oct 2007 Location: In Robert Downey Jr's house ;) in my own mind PHL-MCO 861 miles away
Posts: 6,085
| we need to to what brazil is doing, they are not dependant on outside sources for oil i was watching it on one of those news shows I think they used sugar cane, and richard branson was buying corn for fuel something like that, it was interesting. and they have special cars I of course forgot what they were called but chevy made them
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05-30-2008, 01:31 PM
| #5 (permalink) | ||
| Community Rank: Explorer   Join Date: Nov 2003 Location: NE OH
Posts: 11,608
| Quote:
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05-30-2008, 01:41 PM
| #6 (permalink) | ||
| Join Date: Sep 2007 Location: Hollywood on the Potomac (DC)
Posts: 5,631
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05-30-2008, 01:45 PM
| #7 (permalink) | |
| Community Rank: Jetsetter   Join Date: Jan 2006 Location: Eastern Massachusetts
Posts: 2,962
| IMO, as long as the government has their fingers in the pies, they'll go through the motions to make it look like they'll do something, but they won't in reality. Why would they hurt their own income to help ours?
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05-30-2008, 08:21 PM
| #8 (permalink) | |
| #1 Mary Poppins Fan!  Join Date: Feb 2007 Location: Massachusetts
Posts: 9,373
| Here's the latest on corn prices Wet spring dampening corn crop hopes - Food Inc. - MSNBC.com Those were interesting articles EJ - we'll have to hope and see what happens. When I ordered oil in October I paid $2.57/gal - I called today and it is $4.32/gal  I just don't believe it is a supply and demand problem. I have nothing to base my thoughts on but I just feel like something is going on that we're not being told about. I hope something breaks it up soon - too many people are losing their homes and we don't need oil prices to make it worse
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05-31-2008, 07:48 AM
| #10 (permalink) | |
| Community Rank: Explorer  Join Date: Feb 2003 Location: Longfellow's "Jewel by the Sea"
Posts: 12,722
| I don't care if the price of beef goes up, I'm just so sick of this mess!
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About This Page: This is a discussion on The government is here to help! within the The Office: Budgeting and Reward Programs, part of the PassPorter Community - Message Boards and Forums; I heard on the news that the feds are investigating oil price fixing.
We will have to wait and see ...
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