Q: On the news they said it was the speculators who watch everything in our economy...they watch for sign's!!! WHO has been sending BAD sign's?
A: Speculators and other market purchasers look at the supply and demand of the entire world. China and India have been using more oil as they have been increasing their development so there is less to go around. Also because of disruptions in the distribution in Iraq, Nigeria the balkans and other areas that can cause gas prices to go up because the raw product crude oil costs more or people think there will be less oil for everyone. When there is less of something or even the perception that there is less of something that can drastically increase the price because it is more rare and the higher the price the less people can afford.
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