Last year or so the lower pump price was purported to be the improving economy .... so ....Do presidents have control over monetary policy?
.... the economy is sliding into the shitter again?
And, personally, I think the OP got it right on "the POLE"! Originally Posted by LexusLover
Do presidents have control over monetary policy?
No they don't. Oil is priced in dollars...
So tell us... how can presidents lower gas prices?
Again... not one word about the FED or the market speculators.
The pole is a joke. Originally Posted by SEE3772
I've thought for some time now that speculators were driving oil prices. There's about 400 times more oil traded every day than is used worldwide in a day. I don't think there's any way that fact isn't effecting price.Good luck getting a answer. I hope he does.
It seems you agree or am I wrong?
My solution would be to raise the margin requirements needed to get in the game. That would drive specs out of it. At least some of them. No? Originally Posted by Ducbutter