RV Fuel Issues & Prices - Post 'Em Here!

46 Woodie wrote:
I have read all 29 pages and found it all very interesting. I think a lot of responders have some good points. I think one part of this whole issue has not been addressed and I would like anyone to chime in on my thoughts. What is the impact of the Federal Reserve's discount rate in this? There seems to be an inverse relationship of the rise of a cost of crude and the decline of the Fed funds rate. Is the current Fed funds rate at a historical low? I am not on a rant that this problem is being caused by the Federal Reserve. However, it seems the value of the dollar is down, there appears to be cheap money available and no where to put it. The stock market is so-so, high tech stocks and real estate are in the tank. So is the only game in town to put money into oil? Please enlighten me

See today's WSJ, "the Outlook" by Justin Lahert: "..who says such speculative behavior is due to the sharp reduction in interest rates by the Federal Reserve. Low rates encourage commodity stockpiling, he says, by making it less attractive to sell commodities and put the proceeds into bonds and other debt instruments."