Originally Posted By: tpitcher
Gas up 16 Cents a gallon today.
It looks like it leverages the stock market. Stocks go down, things look a little shaky... down goes gas prices!
Things look better, stocks go up, up goes the gas!
The Scam has us over a barrel (of oil).
It definitely is a trading "scam". Maybe gas would still be around $3/gal based on real supply and demand without the speculation mark up, but that's still way better than pushing $4/gal or more. Especially when the price of so many other things are affected by oil prices.