Speculators are driving up the prices. Goldman- Sachs even pointed that out. 2008 gas was around $4/gal and a barrel of oil was $145.
Today its $3.90 gal, at $110/barrel. Throw out the supply and demand economic theories, because ya"ll know wall street is playing the market.
The rise is gas or energy prices will drive other commodities up, and the FED will likely raise interest rates to combat the inflation if it gets out of hand.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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