The European Union declared they're going to strongly support the banks and financial system over there so the Dow and markets zoom up by nearly 300 points. Following that, oil per barrel zooms up in price, due to speculators. The result? You and I pay 10 to 12 more cents per gallon today at the pump. Ah, progress. We need to stop oil speculation, folks. It's not good for the country, let alone the world. It used to be illegal. It needs to be again.
Links: http://news.yahoo.com/stocks-jump-european-pledge-help-banks-134246596.html; http://finance.yahoo.com/news/Oil-prices-above-85-for-first-apf-972074541.html?x=0&sec=topStories&pos=4&asset=&ccode=
No comments:
Post a Comment