Price of oil dropped $10 per barrel today and US investors are ';sad';???

This is messed up. Yahoo put out an article about frustrated investors who are upset the price of oil fell this week.





Sadly, this will result in cheaper prices at the gas pump.





Frustrated by this, oil shareholders are holding a hotel meeting to discuss what's going wrong and how to get the price of oil back up where it was.





Do you hope this meeting achieves results or fails miserably and gasoline price keeps falling? How sad would it be if gasoline dropped all the way to 50 cents per gallon?





Would you cry? Or Drive cross-country?Price of oil dropped $10 per barrel today and US investors are ';sad';???
Of course oil investors are sad. They want money. If you owned stock and it went down wouldn't you be sad?Price of oil dropped $10 per barrel today and US investors are ';sad';???
It's not a supply issue. It's a weak dollar and speculator issue. More the weak dollar. But the MSM covers up for the Federal Reserve.
Spoken like a true idiot.





Don't you realize you just proved why oil will never be ';cheap'; again?





You said (half seriously) you'd drive cross country if gas were 50 cents a gallon.





Oil speculators know this is exactly what would happen if oil dropped in price. The only reason actual demand is down is people want the price to drop so they can simply go back to using too much fuel as they were before the jump in price. It'd be different if demand was down because alternatives were being used, this would create a competition with the oil industry. This is why the true demand of oil is, and always will be, high.





Here's hoping they achieve in keeping the price of oil up!
I hope the meeting fails miserably and that the greedy bastards go home crying. It's easy for them to complain, since they can afford to fill their tanks with the gas they invest in.
So? Peace
It will go back up. Buy any shares you can, make a quick profit, and hopefully that helps offset the high cost of fuel. Welcome to profit engineering.
$10 will only equal about 3 cents at the pump.
Capitalism has a dark side that feed's off the same people it help's...Money is not life...choose...then do what will work for your own security. The spread of Democracy...is also the spread of capitalism...so get used to being over charged and underserved.
Again, showing that they are motivated by money only. We should show them the same, and conserve.