# The "Oil Prices" thread.

**URL:** https://forums.speedlife.net/t/the-oil-prices-thread/44739
**Category:** NYSpeed Off Topic
**Created:** [March 10, 2008, 10:44am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739 "2008-03-10T10:44:58Z")
**Posts on this page:** 1
**Showing post:** 797

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### Author: ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [July 16, 2008, 9:51am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/797 "2008-07-16T09:51:22Z")

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> [@AWDrifter](#):
>
> Jim Roger’s take on oil…  
> [Hellenic Shipping News Worldwide | Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping](http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=12891&Itemid=37)
> 
> From the article…  
> “He said those who blame speculators for oil price surge do not understand the oil reality in the world.”
> 
> But hey, I will take NYSPEED’s word for it.  
> I mean after all look at your credentials.😛

Much better to take the word of a guy in the commodities business.

> **[Rogers International Commodity Index](https://en.wikipedia.org/wiki/Rogers_International_Commodity_Index)**
>
> The Rogers International Commodity Index (RICI) is a broad index of commodity futures designed by Jim Rogers in 1996/1997. The first fund tracking the index began on July 31, 1998.\[citation needed\]
> The index was designed to meet the need for consistent investing in commodities through a broad-based international vehicle. The index tracks 38 commodity futures contracts from 13 international exchanges. The list of commodities is subject to change by the RICI Committee. In general, a commodity wil...

I’m sure you ask car salesmen how much you should pay for a car too.

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