Regulations

Since crude oil became an investment tool, we have been in trouble.

See, when everybody suffers from high gas prices, it’s not a cost from shortage. Oil companies are happy to make tons of money. When the crude oil price is up, gas stations raise prices in the next day.

Now, crude oil is in the $50’s. The fare price for us, consumers should pay around a dollar and maybe 30 or 70 cents, depending on the area. I have been watching the gas price in gas stations. Why I am still paying 2 dollar and 60 cents per gallon?

The stock market is ridiculous also. The Dow can be up 400 points yesterday, but down 500 points next day. What is going on? I am sure there is a lot of money moving in and out of the stock market and oil market.

We, consumers are so vulnerable that we can only watch the number jumping up and down. Where are the regulations to watch out for us?

PS. I wrote this article on 11/23.
Today, finally I saw some reasonable price around town. Gas stations stretch the high price as long as they can. Again, where are the regulations to watch out for us?