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How to lower oil prices right now – Yes. We. Can.

By Steve McGough / July 2, 2008 / Comments Off on How to lower oil prices right now – Yes. We. Can.

Barack Obama does not have any answers. All that he and his Democrat followers can do is blame the increase in gas prices on Big Oil, the war in Iraq, and Republicans that refuse to “invest” in new technology so we can “get off” our addiction to oil. Of course, it doesn’t help that Dick…

The oil speculators are driving up the cost of oil myth

By Steve McGough / March 21, 2012 /

That’s right, it’s a total myth. For those of you who are unfamiliar with how the commodities market works, here’s a primer. If you are a speculator who thinks the price of oil is going up, you have to find a speculator who thinks the price of oil is going down. Got that? You have to buy oil…