> SS wrote: > I was just wondering who, in Gruss' Laws of Responsibility, would be to > blame. >
Well, if you want the full answer ... Normally I'd say the vagaries of the normal fuel supply chain. However with oil there's the gov't manipulation that we know about such as taxes, refining capacity, et al, and the mucking about we don't know about. So it's a special case. But right now in fuel supply chain we've also got a superfun commodities play going on called ... everybody ... CONTANGO! Evvvverybooooody contango. Basically what this means is that investment banks are f'n you and that's the most likely reason your price went up right now cause otherwise it'd be going down; there's shitloads of crude just sitting out in tankers doing a whole lotta nothing. Now as a conservative I'd say we want the gov't OUT of the fuel biz but since it's so critical we can't do that. Without getting into policy I'll just say this: Obama needs to get a an energy plan in place and hasn't had time to yet so he's apparently decided to let everybody do the contango. Thus, it's Obama's fault. How's that? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:286046 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
