Is supply and demand causing the rise in crude oil, or speculation from the stock market?

Gasoline in my neck of the woods, central Florida, took a twenty cent jump in less then two weeks. What do you think drives the price more, supply and demand or the stock market?Is supply and demand causing the rise in crude oil, or speculation from the stock market?
It's all about speculation by the traders on the futures market. There's a different excuse every few days for driving up the price of crude and when those excuses dissipate, does the price come down? Hell no, they just find other reasons to keep driving prices up. Remember ';unrest in Nigeria';? Well, they wore that one out even though the situation in Nigeria is unchanged. I've been writing on the political boards for years about the prices being tied to the futures markets, it's only recently that my opinions are gaining support. Try Googling ';Oil Futures'; and you'll see when all this began. Not surprisingly, under a Republican administration.Is supply and demand causing the rise in crude oil, or speculation from the stock market?
Supply and demand..... If we could drill in the Gulf off the FL coast like the Chi-Coms and Cubans do the supply part would go up and gas prices down... thank the dummass environmentalist for that little restriction.
Have you considered the amount of oil that us used by


the Chinese ocean freighters


going back and forth from China to the US/and EU ports.???


Vast amounts of oil are being


used in their voyages alone.


Remember, you pay the high


gas prices, plus you pay extra


for the freighter oil, when you


buy all those products made


in other countries.
Both. You can't deny the demand of oil is driving up it's prices. But you can't deny the fact that the market is full of speculation on oil futures as well. Not to mention the demand for fuel oil because of winter being right around the corner. But then again, the market and the oil industry will make as many excuses as possible to make a profit no matter what the costs are to the families of the world or country.
both Speculation that the demand will outstrip supply soon.
Bush.
Speculation in the oil futures market, not the stock market.
Speculation from the hedgers and futures investors.
It works like this. There is an oligopoly over energy, not just in our country, but everywhere else, too. In Britain, the price of oil sometimes approaches ten dollars a gallon. The oil companies control the supply completely. They can charge whatever they want for gas, regardless of how much oil they have, and we can't say anything about it. The situation has nothing to do with stock market speculation. It has nothing to do with the oil supply. It has nothing to do with the power of the dollar, and it definitely has nothing to do with environmentalists. It has everything to do with greed and ignorance.
Supply and demand?





LOL





Sit down my friend.





It never has been about supply and demand.





Once Oilman Bush got in office, it was about how high they could make prices go without driving away all their customers and running Bush out of office.
Some countries tax gasoline right out of taxes from your paycheck so they can buy larger bulks, but retail it at gas stations for 29 cents. Many Middle Eastern countries do this actually.





So if you hear of a country selling cheap gas... This is most likely why.








Also, some proprietor countries believe that since they are the dealers of oil, other countries should pay for the oil they use since we are exhausting their minerals.








There are many reason.
supply and demand be it artificial or real. We are competing with China now for oil. I think the oil companies are royally screwing us though if you think about the percentage of the cost of oil to the cost we have to pay. The cost of production doesn't rise but the cost of raw crude does.
Supplies of oil have actually increased steadily as the price has gone up. So Market Forces are actually working to stabilize the price. Unfortunately, when you're dealing with the Oil Industry, Supply and Demand means, ';We've Cornered the Supply. These are our Demands.';





Speculation and the decline in US refining capacity due to corporate buyouts play a role. But the real culprit is Republican Fiscal Policy. Oil prices have actually been more stable than we Americans think, in terms of real money. But oil prices are measured in US Dollars and US Dollars aren't Real Money any more. With nearly half of the US Government Budget being Deficit Spending, the dollar is dropping like a rock. Euros were introduced at par with the dollar and are now worth twice as much. We hit parity with the Canadian dollar earlier this year. It's not that oil is that much scarcer, it's because the dollar is worth a lot less these days.
Speculators are about to drive me out of business
Weakening Dollar, speculators trying to ride the tide to the top, and China consuming an increasing amount of crude.
Probably a little of both.





Start making an underground storage tank to keep your gasoline.