Weakling prez has allowed middle east instability to get completely out of hand and has led to extreme volitility in the market, this equals higher prices, whether there is an actual shortage of product or not, the perception is that there could be a shortage in the near future caused by production interruptions. The US cannot control the traders of all the nations that depend on the region and know their economies cannot withstand oil supply interruptions. The price increases of 1979 are a text book example and dwarfed the price rises of the 1973 -74 Arab oil embargo. The exact same thing, hedging and speculating against supposed future price increases is currently happening in regards to midwest farmland prices and used equipment prices, even though this behavior caused the farm crisis of the 80's. Have you ever bought anything that you thought was cheap or a deal with the notion of making a dollar or two? if so, you are a speculator.
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Today's Featured Article - Engine Valves - Some Helpful Information - by Staff. Intake - On the intake stroke the piston moves doward, sucking in carburized fuel through the open intake valve. Exhaust valve is closed. Compression - With both the intake and exhaust valves closed, the pistons upward stroke compresses or squeezes the fuel into the combustion chamber. Firing - Ignited by the spark, the compressed fuel explodes and forces the piston downward on its power stroke. Intake and exhaust valves are closed. Exhaust valves and seats are exp
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