Post by
annunziato39 »
https://forums.nicoclub.com/annunziato39-u8187.html
Thu May 13, 2004 8:19 am
I work at NYMEX, the futures market for Crude Oil, Heating oil, Natral Gas and GASOLINE. (If you have ever seen the movie "Trading Places" with Dan Akroid and Eddie Murphy, I work on the Trading Floor) This is the highest gas prices have ever gotten.... ever... in the history of gasoline being a traded commodity these are the most expensive prices. The problem is no one can stop the oil companies from completely manipulating gas. And in all reality, there are only 5 large oil companies, when there use to be (early '90's) dozens of small ones that would liquidate the markets. Now when Mobil/exxon, Texaco/Chevron, BP, Conaco and Shell decide they want prices to go up, the just force the market to go up and no one can stop them, its a simple reality. Whatever small oil comapnies are out there cannot stay in. Its like the small companies are playing p0ker with $10 and the Big oil companies are playing with $10,000. No one can stop this except the governement, but they won't because these oil companies have the politicians in their back pocket. Expect to see $3.00 this summer.