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JoeSpareBedroom JoeSpareBedroom is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 5,515
Default When Bush took office...

"Mike" wrote in message
et...
Nobody will get the price down until we eliminate oil speculation by

investors who have absolutely no connection with the oil business.

AMEN! That's exactly what makes a $20 barrel of crude "worth" $90.

--Mike



A number of newsgroup 'tards have told me in the past that speculators are
all kind hearted professionals trying to hedge on behalf of their oil
companies. The Indian government (and reality) are in disagreement with that
idea:

http://www.iht.com/articles/2007/11/...ss/08nymex.php