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[email protected] gfretwell@aol.com is offline
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First recorded activity by BoatBanter: Jul 2007
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Default What is the over/under?

On Sun, 25 Oct 2015 14:25:07 -0400, Keyser Söze
wrote:

On 10/25/15 2:18 PM, wrote:
Gas prices next Labor Day?

If it is less than $3.509, I want the over.
I think the Saudis are teeing us up for a hit, right before the
election, to assure the win for the neo-cons who will keep fighting
their wars for them.

Right now they are happy, simply killing Keystone, clean coal,
fracking and alternate energy with their cheap oil.

They have demonstrated that they are willing to shut off the tap if it
benefits them or punishes someone they are ****ed at.


As a member of the "investor class," don't those high prices trickle
down to you through your stocks?


Absolutely. Companies plan profits, based on their revenue so if
expenses are higher, the profit is higher as soon as prices catch up.
These days that happens rapidly on oil, if by no other way in the
delivery charge or the fuel surcharge.

I do find it interesting that when oil is high, they blame a bad
economy on the price of oil and when oil prices are low they say low
oil price is the result of the bad economy.