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Randi Rhodes Message Board > Main Forums > General Discussion
WhiskeyTango
Now I could be wrong. But if this is how I see it, Im pissed off as hell. This has been getting talked about lately. All the speculators who invested in crude were about to lose their ass with the recent drop in oil prices. Consumption has been down across the board. THERE IS NO DEMAND TO WARRANT THIS! This is simply speculators artificialy increasing the price so they can then sell off. But we as tax payers and consumers get to flip the bill.

Sure am glad I needed to refuel my truck this morning. Only cost me $890. Next filling come Thursday will probably be more around $1100.


SAN FRANCISCO (MarketWatch) -- Crude futures leaped as much as $25 per barrel, or 24.3%, shortly before the New York close Monday, to tap a high of $130 per barrel. They're poised to score their biggest daily gain since 1984 -- when crude began trading on the New York Mercantile Exchange. October crude was last up $19, or 18.2%, at $123.55 per barrel on Globex

egghead
Crooks and Liars. Cheney and Bush.
5by5
Of course it's bullshit.

Until we get these fucking Wall Street speculators out of this business gas prices are going to continue to be ass.
Deke
QUOTE (5by5 @ Sep 22 2008, 03:03 PM) *
Of course it's bullshit.

Until we get these fucking Wall Street speculators out of this business gas prices are going to continue to be ass.

Right on the mark 5by5!
sacxtra
Here is how I am attempting to get these Wall Street people out.
fla1sun
QUOTE (WhiskeyTango @ Sep 22 2008, 01:51 PM) *
Now I could be wrong. But if this is how I see it, Im pissed off as hell. This has been getting talked about lately. All the speculators who invested in crude were about to lose their ass with the recent drop in oil prices. Consumption has been down across the board. THERE IS NO DEMAND TO WARRANT THIS! This is simply speculators artificialy increasing the price so they can then sell off. But we as tax payers and consumers get to flip the bill.

Sure am glad I needed to refuel my truck this morning. Only cost me $890. Next filling come Thursday will probably be more around $1100.


SAN FRANCISCO (MarketWatch) -- Crude futures leaped as much as $25 per barrel, or 24.3%, shortly before the New York close Monday, to tap a high of $130 per barrel. They're poised to score their biggest daily gain since 1984 -- when crude began trading on the New York Mercantile Exchange. October crude was last up $19, or 18.2%, at $123.55 per barrel on Globex



It's time. It's time for consumers to stop consuming. That's the only way to shift power back to consumers. If we don't flex our muscle NOW, by January it will be too late. We are eight days away from the beginning of the fourth quarter. The business community won't take up for consumers unless their cash drawers are empty.
plodder
Only use CASH to buy only what you need.....not what you want........
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