"Sorry, Mitt [and Newt], the President Doesn't Get to Set Gas Prices.

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"Sorry, Mitt [and Newt], the President Doesn't Get to Set Gas Prices.

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03-21-2012, 01:45 AM

#16

Undertoad

Radical Centrist

Join Date: Jan 2001

Location: Cottage of Prussia

Posts: 31,423

Quote:

Originally Posted by tw

Some organizations sell future contracts. They must have the fuel. When instability or fear exists, then these organizations consume and store fuel for crisis conditions.

They could store and pay their contracts in oil, but it's more likely they just pay the contracts in cash, depending on how the security operates.

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