Oil jumps to six month high

Anyone trading oil higher should do the world a favor and put a bullet in thier head. I'll even buy every one of them a gun. That is putting it lightly.

The people who played with the greater market for years decided a few years ago that they wanted to play with the commodity market. They figured they could manipulate oil as easily as they manipulated stocks. They were right, in fact it ended up being easier.

We'll get $100 by mid june. The traders don't care. This time they might go as high as $200 before taking profit.

Good luck OPEC for trying to raise the price of oil. The West whom the world is depending on for economy to kick up again can not sustained a runaway price. Mark it down OPEC, you raise it one more notch and the world will go to fall in recession and may not come out. That is the time you will experience a world economic downfall and prices of oil will drop to the low $20s.

It just amazes me with the greed these traders have, the high oil prices are a big reason the world, not just our country but the world is in such dire down falls..they need to stop this crap! as for OPEC, have you not learn yet that driving up prices is like blowing up a ballon, it always pops ? So yea go ahead and push up prices so we loose more jobs and when we the west are all jobless then who will keep the market going? I can't wait till we are free of oil. Oil is nothing but greed and everyone knows when oil go up, people cant afford stuff, people loose jobs, people loose homes, etc and etc and then it's Nov 2008 all over again. you traders and OPEC are going trade or raise your selfs right out of what you worship most, money

I don't understand why you complain about investors. It is a business trade and gets high returns why would you complain. High oil is not good but I don't mind, it will get us off oil faster.

It was less than one year ago when oil prices had reached its maximum in recent times. OPEC had manipulated the price to drain the West economically, but was left in a world recession. In my opinion, it would not take much artificial price gouging to destroy all of the recent financial gains. When you choose to destabilize the world economically, then you also choose to destabilize the world politically. OPEC nations might not be so lucky as to only have the prices go down and loose some future earnings, they might be fighting for their own survival, as a country, the next time around. Prudence would seem to be the methodology for success in the near future, and maybe also in the long term. OPEC nations should choose very carefully with any change in the pricing or supply structure currently being used.

It is nice to see that the global economy is recovering, albeit slowly, but steadily. But in any case, the freedom of the market to determine its own course, must be retained.

Time for another gas pump boycott , only this time we'll pre-empt the oil whores. Stick 'em before they stick us.

But, The real reason oil is up is because the hedge funds are pushing it up. We need to regulate the commodities market much better, only companies that are in a business using or producing that commodity should be REGISTERED to trade. No more speculating hedge funds. The commodities we use should not be part of a gambling casino.

The only way to end this BS is to go to term limits. You cannot have a Free Society without rules, laws, a police force to catch the bad guys and prisons to put them in. The same goes for a Free Market capitalist society, you have to have rules, regulations, a police force and prisons to put the bad guys in. Our government is not maintaining a Free Market. Too many political contributions (pay-offs), it is obvious laws are bought and sold. Folks we need to correct this, it happens over and over. Our government is paralyzed by the need for pay-offs (political contributions). We need a major change to end this professional politician form of government. We need TERM LIMITS and real campaign finance reform. How about three 4 year terms for Congressmen, two 6 year terms for Senators, and keep the current two 4 year terms for President. The most you can serve in the Senate and Congress combined is 14 years. We need an end to the professional politician form of government.

I don't really know what we use most of the oil for, home heating, cars, trucks, planes, etc.? Does anybody know? If cars are the major user of oil then we should try to get them off of oil. The way to go seems to be a combination car that runs on hydrogen fuel cell, rechargeable batteries, and diesel using soy oil or better, oil from seeds of a weed that can be grown off season or on land unsuitable for food crops. Anybody have a better idea? I don't think OPEC manipulated the pricing to $147 a barrel, but some group did. Regulation, laws and duties need to be imposed to keep it from happening again. I would put a tariff of $20 a barrel plus one dollar a barrel for each dollar over $40, $2 for each over $50, $3 for each over $60 and so on, so if it ever got to $100 a barrel, the duty would be $230 barrel on all IMPORTED oil or oil products. This will help us cut back on the consumption of foreign oil and oil products and put some much needed money in the treasury. We need to regulate the commodities market much better, only companies that are in a business using or producing that commodity should be REGISTERED to trade. No more speculating hedge funds. The commodities we use should not be part of a gambling casino.

Just a matter of time before we say kiss off you greedy arab moguls.Now if the American auto industry will hurry up and give folks the electric cars they want everyone will be happy again.

what we need is pure grain alcohol to be legal to make and use. So the gov. needs to lift their stupid laws on it. That would benefit everyone but the big businesses that have killed this country

when oil hits 55 to 60 we park the car stop spending don't go on vacation and save save save thats it period glad it did before we got our return now we know not to spend it......