tresrikay
Guest
Heard on the news this morning that oil has hit a new time high of $110 a barrel, this time last year it was $61 a barrel. Now the production, refining costs are the same as this time last year soooooooooo who is it or what is it that is hiking up the price so outrageously............ I hope we will not stir up any rabid ranting on this but I personally dont see how this can be the fault of our government, or the fault of the average Indian or Chinese worker. I know that when demand pressures supply as it is now, that prices rise as is the case with wheat and I don't here us ranting about the Indians or Chinese on that one, even though it is the same cause and the same effect, or for that matter us blaming Brown on that one.........It is obvious to me the people that are responsible in both cases are the market speculators and the producers....... They see the Milch cow or the golden goose and wring both to stuff their coffers. The consequence as always is that those least able to pay are those that suffer the most, I cant see that a speculator hopping in to his Maserati will be too concerned if his fuel reaches £2.00 a litre or his loaf £2.50, sums so piddling to the recently added millions as to be of no concern.