To Understand Gas Prices, a Little Paranoia Might Help

Why are retail gas prices just under $4.00/gallon? Simple, it's what the market will bear; it's what most of us will pay without altering our driving habits. $4 is the price point where that begins to change. It's also the reason you won't see much rise in prices if you end subsidies.

Dave of CO 9:26AM November 10, 2011

Chinese demand, OPEC and Iran are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent "round-trip" trades of the "dark pool" trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, influenced by Big Oil. ExxonMobil and Chevron are silent partners in ICE. ICE's energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their owns profits and on the behalf of Big Oil, through the use of "round-trip" trades. Google the "Global Oil Scam." "Paper oil" and the crude oil futures markets have to be done away with. Over 75% of crude oil futures trading takes place in the ICE. ICE is a super Enron. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy traders, greedy speculators and greedy refiners. To obtain a fair oil price, Senator Sanders and the Occupy Wall Streeters have to investigate ICE and seize immediately, the trading records of ICE, before they are destroyed.

Earl Richards 7:22PM November 09, 2011