Stupidity of the Day – Gas Prices

Gas Prices.

     …and I could probably just stop right there and leave it at that …but I won’t.

     Do people realize that the price of gas is simply a speculation of imaginary circumstances as thought up by investors in world stock market oil futures? That the price of oil has nothing to do with anything really tangible.

     Yes, you could argue the whole Middle East/North Africa thing going on, but do people realize how little oil the world gets from Libya? That most of the price increase is speculation in imaginary coups, protests and government failures that haven’t happened, but might happen, but may not, but could, but probably won’t. There is no more or less oil or gas (or petrol) in the world today than there was a week ago, a month ago, or before the Egyptian debacle happened – I know, except was used in that time, but you know what I’m saying.

     It’s idiotic, in my opinion, or just the world we live in today where speculation is worth more than reality. Interesting. So, what if a guy with a lot of money and a vivid imagination steps in (and I’m talking A LOT of money)?  …oh yeah, almost forgot – I was reading this today.

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