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What is driving gas prices?

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Klukie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:40 AM
Original message
What is driving gas prices?
Is it unrest or speculation? I was hoping some of you with some financial back round could weigh in.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:40 AM
Response to Original message
1. greed
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Le Taz Hot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:42 AM
Response to Reply #1
2. +1
You beat me to it.
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:42 AM
Response to Reply #1
3. Yup, GREED
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:00 AM
Response to Reply #1
7. yep, that was my answer as well
You can be sure that's exactly what it is.
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:43 AM
Response to Original message
4. IMO speculation taking advantage of the unrest and this fueling greed. n/t
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:44 AM
Response to Reply #4
6. Bingo!
I agree.
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ipfilter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 09:44 AM
Response to Original message
5. Quantitative Easing by the FED
It's a stealthy way to print more money into existence.
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Klukie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:11 AM
Response to Reply #5
9. Can you explain a little for someone with no financial backround
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Raschel Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:35 AM
Response to Reply #9
10. Good question. I also need a "speculation for dummies".
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:06 AM
Response to Original message
8. the money changers.
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