tag:blogger.com,1999:blog-6280765612127936808.post4315049902386180184..comments2023-10-19T09:58:04.389-07:00Comments on Two-Headed Quarters: A Tax by Any Other NameJoe Ganemhttp://www.blogger.com/profile/13688552494593097153noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6280765612127936808.post-6550680402230281762008-06-16T07:02:00.000-07:002008-06-16T07:02:00.000-07:00Supply and Demand Sets Oil Prices – If You Believe...Supply and Demand Sets Oil Prices – If You Believe That, I have a Bridge in Brooklyn I Want to Sell You!<BR/><BR/>Next time you have to buy diesel fuel, home heating oil or $4 plus gasoline. Ask yourself this question: Are crude oil, heating oil and gasoline necessities, or just ordinary speculative commodities? If they're the former, how can they be the latter? How can anyone buy into supply and demand setting oil prices when the markets are overwhelmed by everyone from small speculators, to institutional investors, to commodity index funds and large hedge funds and to Wall Street banks buying massive amounts of oil contracts? We also have the b.s. of “geo-political” concerns and government disseminated bogus “inventory” numbers. More on these factors at www.useconomycrisis.comBillMhttps://www.blogger.com/profile/16580731752814704556noreply@blogger.com