Thursday, July 14, 2011

Why Gas Causes So Much.

I remember when oil executives and political pundits used to say that the reason gas prices go up so much further than inflation is because there are a variety of factors involved and oil isn't like other things people buy. My reaction to that always was a big question mark.

Well, we all know that's a bunch of hokey now. Speaking of the rising costs of oil even though demand is down, Tom Kloza of Oil Price Information Service said, "The market is just looking for an excuse to go higher."

I told you so, the game is rigged.

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