[quote=bearishgurl]Just saw this this morning. It’s what I’ve always believed. “Day traders” are the ones manipulating the price of gas. It has nothing to do with “supply and demand.”
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Well, it’s a little more complex than that. Are traders pushing prices beyond the supply demand equilibrium, absolutely.
However, oil production reached a plateau in early 2005 – despite massive price fluctuations production stayed flat. Now, what does that mean when price skyrockets and productions does not increase?
