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Re: O/T ...Well Crude Oil is Down..whats the problem??


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Posted by tlak on March 03, 2011 at 15:10:57 from (64.130.176.172):

In Reply to: Re: O/T ...Well Crude Oil is Down..whats the problem?? posted by Louis Torrans on March 03, 2011 at 14:19:29:

"Well, let's look at from a farmer's point of view. If corn goes up or down on a daily trade at Chicago, does the grocer run over to the canned corn and adjust the price?"
No he doesn't, but the oil producer raises his and the price of the grocers corn.
"Why do so many people think the oil companies control the price of oil when it's just like any other traded commodity?"
I guess because they're lying lowlifes like the cigarette manufactures. You don't think a lot of their sh@t isn't contrived to raise prices artificially and that they pull the strings of the commodity traders?
" When you go in to buy new Wranglers and the price is up from the last time, are you going to blame the cottom farmer? Same way with corn, beef, hogs, rice, sugar etc"
Oil is probably the reason for the rise in price of all of these. And most of these products I can decide to buy or not thus controlling the price while I have to buy gas.


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