Gas prices up as Gustav threatens Gulf refineries - Yahoo! News


Article here.

I’m supremely confused. Gustav hasn’t even come close to the oil supply and yet we’re paying more at the pump as if there were an actual change in the oil supply.

The referenced article is full of “if“‘s and “fear“‘s and “doubt“‘s and “could be“‘s. Why are we allowing futures trading to affect now prices?


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