On Mon, 09 May 2011 14:35:12 -0400, Harryk
sent the following message
jps wrote:
On Mon, 09 May 2011 10:27:37 -0700, wrote:

On Sun, 08 May 2011 23:23:21 -0700,
wrote:

On Sat, 07 May 2011 20:51:03 -0400, Gene
wrote:

On Sat, 07 May 2011 20:12:01 -0400, John

wrote:

On Sat, 07 May 2011 19:52:35 -0400,
wrote:

On Thu, 05 May 2011 22:05:27 -0700,
wrote:

Oil took a 10% dive today as speculators started selling
off positions
out of fear the top price has been seen.

These speculators should have to pay a huge tax on their
profits since
they're causing so many Americans to pay inflated prices at
the pump
and causing inflation in every sector of retail.


NEW YORK -- Oil prices took a nosedive Thursday in a
historic selloff,
erasing weeks of gains and indicating that the months-long
climb in
energy prices may have hit a ceiling.

Crude oil plunged 10 percent as startled investors unloaded
their
positions and a weeklong decline accelerated into an
outright
freefall. The price of U.S. crude went from triple digits
to double
digits, falling below $100 after opening at close to $110.
Brent
crude, a European benchmark, lost $12 at one point in a
sell-off that
exceeded the one following Lehman Brothers' collapse,
Reuters
reported.

An oil correction is underway, experts said, as the price
is moving
toward what fundamental economic factors dictate it should
be. For the
American consumer, plagued by weeks of rising energy prices
that have
begun to weigh heavily on the economy, a bit of respite may
be at
hand.
Surely, the fact that crude oil prices have nothing to do
with pump
prices.... any more, at least....
Nope, not a bit. Bush put a stop to that when he was
pocketing all the oil money. It appears 'Bama
is carrying on the tradition.
Well..... politicians are politicians.....
A very interesting theory that Bush was pocketing all the oil
money
and Obama is doing the same.

Idiocy on parade, courtesy of Herring.

The Bush family was in the oil business and many of his allies
came
from oil, I don't recall Obama or Obama's family in any similar
situation.
Duhh... Kenya has a lot of oil! LOL

Exports include:

Tea, coffee, horticultural products, petroleum products, cement,
pyrethrum, soda ash, sisal, hides and skins, fluorspar

Tea and coffee the two largest exports. Obama must certainly be
taking graft from tea and coffee lobbyists. Second only to the
NRA in
lobbying power.




I'll have to check it out! :) Close friend and doctoral classmate
of
my wife's is a Kenyan who went back home to start up and run
HIV/AIDS
awareness educational programs. We're hoping to get there for a
visit
and an extended photo safari, and we want to visit Egypt, too, if
things
quiet down there.


Kenya is surrounded by crazy neighboring countries...Somalia,
Ethiopia
Sudan, Uganda...yikes!

You should travel there by boat.