Oil prices rise after US supply report

Api expected a drop of 4.5 million barrels(read this early this AM @Reuters & mastercard reported a 2.8 drop in demand which actually turned out to be 4.8% and the per barrel price(and gasoline futures)increases??!! When are we going to start yelling loud enough to Washington DC to make them put a stop to this nonsensical trading???!!!!

oil rose in london to pay for a queen and charles who mean nothing do nothing never worked a day give me a break

Crap fiction. Produce more and expand energy technology! This is our new world war! America do you want to win or be a world loser! Wake up idiots!

What happened to the supply drop from last night? HHMMMMM.... No truth in these numbers. All plays into the hands of the investors.

nothing more than a wall street obama scam there in it together

If you don't have an attention span of over 10 seconds you can stop reading this post now, its a long post. And please don't reply unless you have read this post at least twice. Most, but not all who reply make themselves look like idiots as they don't understand what they have just read. And yes this post does have paragraphs its Yahoo's format that does not put them in,, so suffer with it like the rest of us. If you want to fix the country the first thing you have to do is vote the incumbents out of office. Your VOTE is the term limit,, just vote the incumbent out every election. This means this November you vote a split ticket to get the job done. And we are on our way. The things that are dragging us down are the price of fuel, our monthly utility bill, our insurance premiums, the price of food, and last but not least those ridiculous car and house notes. You can not take this much disposable income out of middle income Americans pockets with these prices and expect a turnaround in the economy, its not going to happen.. Interest rates????? A ten thousand dollar CD could get you $70 dollars a month for a year. Now you get $7 dollars a month. Are you FRIGGEN kidding me?????? And you are STUPID enough to think these rates are going to turn the economy around???? The interest rates are at these levels to bail the BANKS out and not the country. If you want to turn our country around get your #$%$ to the polls in November and vote a split ticket if that's what it takes to get your incumbents out of office. We have the best politicians money can buy, lets put and end to it... Some demands to turn the country around. 1. Immediately stop the production of ethanol from corn. And you wonder why food prices are high?? Farmers lobbyist love Congress. 2. Ban the trading of oil/commodities and go to a simple supply and demand pricing. But no,, you want hedge funds telling you what you are going to pay for a gallon of gas don't you... Let me explain something to you about the price of gas and how it effects middle income and low income Americans disposable income. These are the people who's spending drives the economy. The average American drives ten thousand miles a year... At an average of twenty two miles per gallon that is four hundred and fifty four gallons a year you will purchase. The difference between $1.50 a gallon and $3.50 a gallon comes to $75 a month. That is a lot of money they would of had to put back into the economy. Now add the price of food that has gone up because of these ridiculous pump prices and you take another $100 dollars a month increase out of an average Americans pocket and we have not got to the municipalities who are going broke because of the fuel prices to run the school buses,, police and Fire equipment and so on. If you think Oil companies or the Banks give a #$%$ about the economy you sir are an IDIOT. Yes, we have the best politicians Money can buy, and don't you ever forget it. 3. Term limits, vote all incumbents out. The days of party loyalty are over, as well as career politicians. Serve your term and you are out. But no,, you are so brain washed you actually believe your party will fix everything don't you... Pull your head out of your........ 4. One flat tax for all, including corporations. If you are at poverty level income or below, you pay no tax. 5. Immediately stop the wars and bring all troops home. But no,, war is big business to many people will get laid off. Screw who gets killed we need our job....

whatever. Oil at these levels are irrational exhuberance