FeverBuster

Options Trader: Friday Outlook

PokerDonkey

Iran and Allies of Iran are the ones manipulating. They are making billions of extra$$ off of the US. They continue bait investors/speculators back to the oil market with their psychological warfare and propaganda. Then, they are probably funding Al Qaeda, and insurgence with a lot of that extra money. So, anybody that contributes to the increase in oil, needs to think about where that money is going and ask themselves how ethical it is if that were the case.

All governments lie, but the fact is that there is plenty of oil, and if the government was to come out and say that they were going to allocate 2-3 million barrels a day until the market stabilized, the actual amount would probably be not much if any. It is more psychological than physical in the oil market now.

"I don't care who is getting rich and who is getting screwed."
This attitude is horrible. If you are not careful, you will be the one that will get screwed whether you are a oil bull or not.

You can not compare Goog or AAPL, etc. to oil. None of your examples have an effect if any on inflation like oil does.

Options Trader: Friday Outlook

The "oil crises" can be solved by releasing/allocating oil from the SPR and increasing the prime rate by a small percentage. Heck, I do not think they would even have to physically move the oil from the SPR, just make an announcement about it. After all, nothing physically actually has to happen to effect the supply, just an implication of such would do it.