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MSN Money's Charley Blaine answers readers' questions about the energy sector.
As he answers questions from MSN Money's Facebook community, Blaine also discusses possible investments in the energy sector.
I have been watching it for years, it's all day traders and speculators. Gas shouldn't be traded on the market, supply and demand doesn't apply on the market, profit does. They could care less about the economy, only profit for them.
The only people that don't like this post are day traders and everyone will know what I mean.
because none of our elected officials want to rock the boat and actually do something about it. Obama after 4 years is still complaining about the mess he was left. It's the Republicans blamimg the Democrats and the Democrats blaming the Republicans. It keeps going in a big circle. These clowns can promise the moon when running for office and want your vote, but once elected they could give a rats **** about the people who put them in office. These big corporations help get them there financially and then feel they are owed votes for helping them get elected. Really the President no matter who they are unless he has the support of the House and Senate, he can say what he wants to do, but without their support it isn't gonna happen. Bottom line the whole political system is corrupt.... period. They could care less about us "little" people
Am I better off now??? I bought a new vehicle in April 2006 - it cost $36 to fill it up. I filled it up two days ago - $90.
I used to feed a family of four for $125 per week. Now there's only two of us - $91 last week. Nope, no "luxury" items.
April 2006 my annual income was $110,000. My income this year, if nothing changes, will be $22,000.
I suppose this answers the "better off" question.
something is wrong here. 10 years back the cost of a gallon was 90cents here in ga. oil was at around 30 bucks a barrel. now take the tax out of the gallon and each gallon cost 74cents. now oil is 3 time what it was then so 74c time 3 is 2.22 per gallon now add back the 16c tax and the cost is 2.38 per gallon. why is the cost at the pump at 3.79-3.97 now? something is not right
how about we at least say we are opening up drilling here to drive the world costs down
When is the corrupt Congress going to regulate big oil? That will happen when we clean house in Congress and start over with people who truly care about people in this country rather than big business interests. We also need to regulate the Speculators as well.
There is no excuse for gas to be going up except for profit taking by greedy big oil companies. Don't believe the b.s. that they throw at us regarding why fuel prices are going up.
Greed! Greed! Greed!
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