Quote:
Originally Posted by TurnedTheCorner
Things like kidnappings and such affect prices due to pure market speculation - the speculation being that this type of insecurity could potentially affect supply or delivery of the commodity.
There's definitely a premium built into the price by speculative traders. It is frsutrating.
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Speculation such as "the summer is coming and people go out of town and we have them by the balls", that kind of speculation............that works well for the oil companies. There could be a disaster in October/November but we will se the gas prices drop.