Wednesday, May 7, 2008

Demand Down, Price Up

Wait a minute, wait a minute! This isn't how they told us the market works!!

WTF?! Lying AGAIN?!

"US oil use falling on weak economy,high prices"

"Higher US petrol prices and a slowing economy will cut into US oil demand through the summer driving season much more than previously thought, the government's top energy forecasting agency says.

"Based on projections of weak economic growth and record high crude oil and product prices, (petroleum) consumption is projected to decline," the Energy Information Administration said in its latest monthly forecast...."

O.K., so demand is down which means supply should be up and prices should come down, right?

WRONG!!!!


"US gasoline prices seen at records this summer"

"Regular-grade gasoline in the United States is expected to average at a record $3.66 a gallon this summer but peak at $3.73 per gallon in June, the Energy Information Administration said Tuesday."

Now bend over that barrel and drop trou, 'murkns!!!

Here's a bowl of shit to suck on while the gas pump (meter running) is inserted into your butt.