Hedge Funds Boost Gas Bets First in Six Weeks: Energy...

Aug 1, 2010 Full story: BusinessWeek

Hedge funds increased their bets that natural gas prices would rise for the first time in six weeks after hotter-than-normal weather boosted air-conditioning demand.

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olddog1973

Rebersburg, PA

#1 Aug 2, 2010
So this is a good thing? Sounds a little backwards to me. I remember when we were happy that prices were low. We now have a group in this country that are trying to make us all happy when the prices of our necessities rise. They try to make us believe it is good for our economy but really it is good only for the owners of the companies who claim to own the product and in this case natural gas. Sources of energy are needed by us all and driving the price up is nothing more then greed. It is unpatriotic, and hurts us all. Now I know there are some who can come up with a good reason to raise these prices, but anything they say will be nothing more than greed driven bunk. They know it and so do most of us. We the people need to put a stop to this and make them do what is right. Some may say that we need to raise prices to curtail the use of these sources. This is a rediculous arguement. Until there is a viable substitute we have no other choice but to use what we have. Also by raising the price the corporations make the same or more profit and sell less product, a big win for them and nothing but a loss to the rest of us. We need to come to our senses and stop thinking that the stock market will drive our economy. It is us, all of us who drives our economy. From the bankers to the guy living on the street, we drive the economy. We need to let go of this greed we have going on in our once great nation and allow it to become great once again.
Greed is not good, it has crippled the economy of the world, and yes whether one likes it or not what is good for the whole world is good for the Good Old USA. We need to let the greedy ones know that we are fed up and we want to put a stop to it and hopefully it comes to an end before peaceful means seem hopeless.

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