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On 20/04/2011 5:36 AM, BAR wrote:
In articlejYWdneirypkx4zDQnZ2dnUVZ_rGdnZ2d@earthlink .com, payer3389 @mypacks.net says... I_am_Tosk wrote: That's what gas prices were the day Barak Obama took the Whitehouse. Pelosi promised the "first" thing she would address would be gas prices. They have done nothing but shift a bunch of food into dollars for Chicago ethanol speculators and refiners, this of course will be a disaster... What a simple-minded little troll you are. Fuel prices are determined by speculators who depend upon fear-mongering. You're one of the "fear-mongered" masses. What's your problem? Is the kiddie motorbike racing season in jeopardy? The Saudi's have come out and said that the market is over supplied. The price should drop. The questions is will it? BS. Truth is Saudi are maxed out with declining reserves, to expand the reserves means drilling more expensive and deeper wells than before. Well managed low debt economies like China, India and Brazil are doing well... Just BS to try to get the markets to cool off isn't going to work. As it ignores two huge facts. First is supply is tight and second the USD is loosing value. Prices will go up relative to the USD. But relative to gold, silver, copper, lithium, flour -- oil is the same price. -- I can assure you that the road to prosperity is not paved with fleabagger debt. |
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