in 2013, 368.51 million gallons of gas were consumed in the US, per day.
By one estimate, as much as $1 per gallon of gas is due to oil speculators, which makes calculations simple.
$368.51 million dollars per day.
Or up to $134.5 BILLION per year, due purely to speculators.
So who are these speculators?
Goldman Sachs
Morgan Stanley
Barclays
JP Morgan
Koch Supply & Trading
Bank of America
Shell
For a few examples.
While dumbfuck cons whine about redistribution, these companies are stealing from the american people – backed by (R) politicians.
Image comes from thinkprogress.org
an average american uses 500 gallons of gas per year.
hence, you spend an average of $500 / year supporting oil speculators, along with your $150 / year supporting welfare queens mcdonalds and walmart.