"NOYB" wrote in message
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"JoeSpareBedroom" wrote in message
news

"NOYB" wrote in message
nk.net...

"JoeSpareBedroom" wrote in message
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"NOYB" wrote in message
nk.net...

"JoeSpareBedroom" wrote in message
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"Wayne.B" wrote in message
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On Thu, 20 Jul 2006 15:26:14 GMT, "JoeSpareBedroom"
wrote:

Harry *does* have a point about the price/politics connection,
Chuck. I keep
asking a question that the 54% are uncomfortable with, and do not
answer.
But, you, of all people, should be able to answer it.

==========

He did answer it, told you it was off topic in a boating group, and
he
is correct.

Current high prices are a political failure of the 70s and 80s,
nothing recent. The supply side is realtively fixed for any given
price point, opportunities are on the demand side.


Here...grab this rope before you sink any further in the mud, Wayne.

Do you listen to the news at all? Think of the last 100 times you've
heard about price increases for a barrel of oil during the last 24
months. Now, forget the reports you heard when hurricanes were a
threat. That leaves 90% of the reports. A hurricane around oil rigs
is a valid reason for price jitters.

Now, for the remaining 90%, what's the reason mentioned almost 100%
of the time?

According to the NY Times, Washington Post, CBS, etc.? Or according
to those without a political axe to grind?

Hopefully, Wayne will respond on his own. For you:

"Oil prices jumped $2.00 a barrel today, on fears surrounding new
violence in XYZ country"

Explain the bias in that statement.

Bias? None. But there's plenty of opinion in it.

I agree. Whose opinion would you say it is?

Probably some options trader who's long in oil contracts.

Right. Now, when there's LESS nonsense going on in the middle east, do you
see price volatility being blamed on that reason MORE often, or LESS often?