Speculation and Certainty

There have been many stories in the news about the rising price of gasoline.  This was to be expected, given that it is the kind of story that people can relate to easily.  It’s the point where ordinary people meet a dark and strange part of the global marketplace, commodities futures.

The increase in these stories was predicted in Barataria, but that was an easy call.  The potential for this to not go the Republicans’ way was also obvious.  But this could be even more devastating as groups like Better Markets get the message out that unreasonable speculation is the real cause of the recent price spike.  It has the potential to very much change domestic politics completely.

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