Market Up....Along with gasoline

I wish you the best, and I hope that things turn around in your end of the country soon!

There are underlying factors influencing the market. The feds have been reporting the fluctuations in oil prices have been heavily influenced by speculation traders.

Now OPEC is threatening to cut production to maintain oil over $100 a barrel is really agrivating. They are holding us hostage and driving prices up? I cant wait until a President is elected who can really reduce our dependence on foreign oil and lower prices.  

Nance, it is always something!  It just seems like things generally work out like this!

Nance, you guys can't get a break. The news media just moves to the next big story...

Not to change the subject, Nance, but why does gas continue to be at usurious price levels, greatly exceeding the bounds of reason or moderation, tantamount to hijacking our citizens, when north sea crude is almost below 100 dollars a barrel ? I feel almost certain that it has nothing to do with the price of the commodity at this stage and more to do with piracy and looting of the economy before the election. Good post with many ethical matters to consider.

Oil was only 23 dollars a barrel seven years ago.

Hope you have a great weekend.

Gasoline prices are impacting our industry as well as others dependent on traveling on a daily basis.  Higher gasoline prices serve to increase the cost of doing business and, unlike other industries, we are unable to increase prices to offset these costs.