On $100 a Barrel Oil-- RoadDog's News and Observation

The Nov. 21st Chicago Tribune had an article about the impending $100-a-barrel oil. It says that investors at the New York Mercantile Exchange are fearful because of the declining value of the dollar, refinery problems, and the Federal Reserve might cut interest rates. Because of this, oil-bidding is just going up.

Crude oil for January delivery climbed to $99.29 a barrel on Tuesday, the day before.

Hey, guys, let's get it over with and hit your milestone today. Get it out of your system. Then rejoin the real world and let the prices come down. This is nothing short of ridiculous. Prices do NOT have to be this high.

Folks here in the US are being hurt badly by this whenever they go to the gas pump or buy groceries. Plus, we have the winter heating season facing us. We need a break.

Haven't you fellas made enough money on this grave situation? Exactly how MUCH do you NEED?

Certainly, you speculators at the NYME, have done enough damage to your fellow Americans and I'm not even going to talk about the aid you're giving our enemies as they rake in these oil profits.

In school, if a child can't play with others in the sandbox, we take them out of that sandbox. Perhaps it would be in everyone's best interest to close the oil futures part of the Mercantile Exchange for awhile until sanity returns.

Paying $3.07 here in Fox Lake, Illinois, now. Last year, I was paying $2.20!!! This is not your much ballyhooed "Summer Driving Season" excuse. It's almost WINTER, for crying out loud.

Come On, Give Us a Break!! --RoadDog