Over at BusinessWeek their analysis is that gas may fall to $1.95 a gallon some time in April. My question is why? Are people still being allowed to buy oil futures? Are we consumers still being gouged by the idiots who make money by controlling our gas prices?
In a recent article it states that:
The April contract formed a so-called hanging man formation, signaling a rally from early February has lost momentum and prices will head lower, according to Bill Adams, an energy trader at ACT, a currency and commodity specialist in Zurich.
Can someone explain to me why our energy is being allowed to be traded? Or our food?