Harus

Oil Is Up Due to Fundamentals, Not Speculation

Its like going to gas station 1,Goldman comes out tell you: Sorry ,I bought all the gas for $2, you want some you have to pay $3. You drive to station 2, T Pikens comes out: I boght all the gas here,I will let you have some for $3.20.....You drive to station after station, speculators bought up all the gas. Finally you come back to station 1, Goldman said: You can't have it for $3 anymore, the next hedge guy just offered me $4 a gallon. Would you like some for $5 ?