Dartz wrote:
The speculators on Wall street driving up the price of a barrel of oil by taking consistently long positions without bothering to go short?

What is it, $5 a gallon in the States now, of which 46c goes to ye're government and 7c goes to the garage. Where's the other 4:50 go?

Drillers, tanker operators, refiners, and all the other middlemen.

(And it's just above $5 a gallon in Canada - about $1.25 per litre, depending on where you are and which fuel station you patronize. It's cheaper in the States.)

--
Rob Kelk

"Read Or Die: not so much a title as a way of life."
- Justin Palmer, 6 June 2007