americans, start selling your SUVs and buy fuel efficient cars (not hte Toyota Hybrids which in fact have a very negative life cycle, worse than a Hummer) - understand that there are no dark speculators driving the price of oil up - it is based on demand which is growing and projected to arrive at 120 million barrels PER DAY while we are stuck since 2005 with an 85 million barrel output - GOT IT ?? Slow down your air conditioning, no need to have freezing temperatures at home, you just need a couple of degrees less to have comfort - get ride of Suburbia model of life NOW - you are all doomed unless of course good old president invades Iran and secures supply by WAR (remember Iraq? why do you think you invaded it ? to free the curds and the shiites from Saddam ? yeehh
NYMEX: Speculators Aren't Driving Oil Market [View article]