Speculators crave disaster. In some cases they invent non existing disaster. There is not much the government can or should do. It will take its course, and the speculators will have their backsides handed to them. Look at the current situation with regard to real estate. Look at the dot com rupture. Look at 1929. History will repeat itself. Those who are saying it will not want the oil prices to remain artificially high. Who benefits? Democrats and speculators benefit.
The worldbank and IMF are pulling the strings in the financial markets, thats why the small investor has no voice, and the Government answers too the Worldbank and IMF, and if you dont agree with that, here’s the proof..
The only way to hurt oil prices…. is simply to quit buying gas…. easier said than done, and its likely to hurt our economy if we quit traveling… talk about a rock and hard place….. this is all about globalization in the end.