An angry American

[Larryjk]

The high price of oil can be blamed on your 401(k) account. You made a lot of money. Guess what the folks that manage your account were buying!
Compare it to the cost of lead, a shooters commodity. Last October (07) the price of lead hit almost $4,000 a metric ton. A year and some before then it was $600 the same metric ton. Had been that way for years. It is now down to a little under $2000 a metric ton. I don't think it will ever go all the way back to $600.
Some say it is the Chinese need for lead for batteries. Their new nuclear navy used a lot of lead in reactor shielding. They have quit buying and the price is going down because the speculators are losing their butt.