No no, its not Jacko's fault, its Harpo's. No wait, its because Lybian oil is off the market. No wait, its because the price of crude is up...or down...or something like that. No, wrong its because of flooding in the Mississippi.....
I wish the news would just for once give a truthful answer.
The reason gas is up again, $1.395 in parts of Ont this morning, is because of the futures market! Whenever profit seems to be dropping the oils corps buy heavily into oil futures, this drives the price up. The futures market is one of those things that allows prices to be artificially inflated and controlled. It is just as bad for the economy and the average person as the derivative market. These 2 segments of the markets are the worst thing governments have ever allowed and really should be ended.