The Mudcat Café TM
Thread #113258   Message #2411954
Posted By: Amos
12-Aug-08 - 05:46 PM
Thread Name: BS: Have you seen Obama's energy speech!
Subject: RE: BS: Have you seen Obama's energy speech!
You guys are now stating that the reason the price of gas went up was because the market traders were frustrated about drilling locally?

You are missing the point, substituting short term coincidence for the fundamentals and then prancing. Bush's announcement did nothing to change anything except mood. The problem with the fundamentals in petroleum supply is not mood.


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