The Mudcat Café TM
Thread #111063   Message #2336223
Posted By: Bill D
08-May-08 - 10:23 PM
Thread Name: BS: Am I the only one stunned by oil prices?
Subject: RE: BS: Am I the only one stunned by oil prices?
I STILL want to know why, when the traders change the prices on oil futures, the price at the pump goes up immediately! That oil they just bought at $120 will not be in my neighborhood for weeks or months!

Someone is scooping up PILES of $$$$$$....and to read Exxon's financial report, I have a good idea who!