Originally Posted by rain man
Rich people buying stock in oil.
Poor people too!
But I can assure you that is not the reason.
It may seem like it is, folks merely intent on some day trading for profit going out and purchasing contracts they never intend to
take delivery of would appear to create an artificial demand which in turn drives up the price, but the simple fact is that the stock
market and the Industry account for this.
So, it ain't just speculation or the share holders doing it either.
It's far more complicated...