Larry Dighera wrote:
I expect to see a lot more of this sort of thing occurring as the
economy worsens:

Time to burst the speculator-driven oil bubble once and for all:

"NEW YORK (CNNMoney.com) -- The Dow plummeted more than 350 points
Thursday as selling accelerated following a record surge in oil prices.
The three major indexes took a beating right out of the gate after
Goldman Sachs downgraded two key Dow components, and two tech leaders
disappointed investors."

"Khelil joins a long list of forecasters who have made bold oil price
predictions this year. Each new forecast—such as Goldman Sachs' recent
prediction that prices could rise as high as $200—causes a jump in
prices as speculative buyers are drawn into the market."
http://www.breitbart.com/article.php...show_article=1

"WASHINGTON (Marke****ch) -- The price of retail gasoline could fall by
half, to around $2 a gallon, within 30 days of passage of a law to limit
speculation in energy-futures markets, four energy analysts told
Congress on Monday."

So, really, the only thing that's actually driving the cost up today,
and causing stock market turbulence, is a) the jackass predictions and
b) the entities "drawn into the market" Maybe it's time to kill the
messengers after all.

Naturally, when the bubble finally bursts there will be a whole bunch of
hand-wringing and pleas for taxpayer-subsidized bailouts, ruined
retirements funds and calls for Congressional investigation. But the
economy will explode as the average American consumer feels as if a
crushing weight has just been lifted from his shoulders.

My rapidly-depreciating .02.

-c