Oil at $71

Crude Oil
Speculative Oil traders and OPEC control our entire economic future. Is that insane? I think I might write a post a day devoted to this subject. Either that or everyone better just go buy a horse and buggy. If traders think we are running out of oil then I understand the run up in oil. If we are running out, then we have to find alternate sources of transportation. The horse and buggy seem like a logical green friendly strategy. Personally, I work from home. I really don’t use the car very often so I could get by with a horse and buggy. Someone tell the oil traders that, since I am using less gas, there is less demand for oil. Then prices might go down.
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