"Chuck Gould" wrote in message
ups.com...

JimH wrote:
"Chuck Gould" wrote in message
ups.com...
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)


Another political post disguised as on topic. How clever Chuck!



Election Day is a date, not a campaign slogan or political propaganda.

You read too much into my comment.


http://members.aol.com/hottap354/rbc1.wav


Good show Chuck! ;-)

On Thu, 31 Aug 2006 07:31:10 -0400, Harry Krause
wrote:

Shortwave Sportfishing wrote:
On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause
wrote:

Oil prices rose above $70 a barrel yesterday, as
persistently high fuel demand and concerns about possible supply
disruptions in the Middle East and Nigeria offset news of increasing US
inventories.

By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

And I'd bet that I can name at least two right off the top of my head.


That's right: it's not the oil company buddies of Bush and Cheney, it's ,,,

Sorry, not buying into that one.

Ask Joe what it is. He doesn't think it's the oil company guys... he
thinks it's the speculators that are doing this. He even wants to
turn control of the market over to the oil company guys alone.

I think people tend to blame it on their favorite target of the
moment.

I *can* argue most any fact

And yet you fail to do so, time and again. You're an idiot.

Harry Krause wrote:


I posted a news article about fuel prices about, oh, a month or six
weeks ago, and you jumped on it as "political," Chuckster.


It might have been. Example: "Fuel prices are moving up so
Bush/Cheney's BIGOIL buddies can more effectively fund GOP political
campaigns this fall......." would have been political.

My observation that fuel prices bottoming out in November just
"happened" to coincide with election day doesn't promote or denigrate
any political cause, candidate, or philosophy. It's no different than
observing that interest rates usually drop in an election year.




Here's some more "good news."

Oil climbs back above $70 a barrel
Iran, Nigeria fears nudge prices higher

By Associated Press | August 31, 2006

NEW YORK -- Oil prices rose above $70 a barrel yesterday, as
persistently high fuel demand and concerns about possible supply
disruptions in the Middle East and Nigeria offset news of increasing US
inventories.

The higher finish came after prices had traded lower for most of the day.

Today marks the UN deadline for Iran, OPEC's number four producer, to
halt its nuclear program. If it doesn't comply, any UN sanctions could
provoke the country to retaliate by blocking exports.

Meanwhile, a possible strike by oil workers looms in Nigeria, the
fifth-largest supplier of oil to the United States.

Light sweet crude for October delivery rose 32 cents to settle at $70.03
a barrel on the New York Mercantile Exchange after trading as low as
$68.65 earlier in the day -- almost $10 below the record high of $78.40
a barrel reached July 14.

Yesterday's rise in crude futures ended two days of sharp drops that
brought them roughly 10 percent below their level of three weeks ago.

``Unless there's a major sea change in market, or unless you believe the
economy is going to collapse, you've got to believe the correction is
over," said Alaron Trading Corp. analyst Phil Flynn.

Gasoline futures rose 1.58 cents to $1.805 a gallon. Heating oil futures
rose 0.64 cent to $1.9496 a gallon.

Brent crude on London's ICE futures exchange rose 32 cents to settle at
$70.18 a barrel.

US crude inventories rose 2.4 million barrels to 332.8 million barrels
in the week ended Aug. 25, or 6.2 percent above year-ago levels, the EIA
said yesterday. Gasoline inventories rose 400,000 barrels to 206.2
million barrels, or 4.6 percent above last year's levels.

Distillate fuels rose 1.3 million barrels to 136.8 million barrels, with
just 300,000 barrels of the rise attributable to heating oil. Distillate
inventories are slightly below where they were last year.

The main reason crude inventories rose so much last week was because of
surging imports, not increased domestic production.

``The question is: Is that going to continue? More than likely, it'll be
a short-term phenomenon," Flynn said, noting those import levels are
difficult to maintain.

Furthermore, US demand for gasoline, diesel, and heating oil is still
going strong, as is jet fuel demand -- up 2.8 percent over the last four
weeks from last year, despite a thwarted terror attempt at a London
airport that some traders thought might deter travelers.

JimH wrote:



Good show Chuck! ;-)

Nah. I suspect that *you* probably believe that the GOP controls fuel
prices and so you're hyper-sensitive to any mention of the topic as
"political".

On Thu, 31 Aug 2006 07:31:10 -0400, Harry Krause
wrote:

Shortwave Sportfishing wrote:
On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause
wrote:

Oil prices rose above $70 a barrel yesterday, as
persistently high fuel demand and concerns about possible supply
disruptions in the Middle East and Nigeria offset news of increasing US
inventories.

By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

And I'd bet that I can name at least two right off the top of my head.


That's right: it's not the oil company buddies of Bush and Cheney, it's ,,,

Sorry, not buying into that one.

The two in discussion, I believe, are "...the most intellectually
deficient...". Both of you have jumped in already.
--
******************************************
***** Hope your day is great! *****
******************************************

John

Bert Robbins wrote:
Harry Krause wrote:
Bert Robbins wrote:
Harry Krause wrote:
Shortwave Sportfishing wrote:
On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause
wrote:

Oil prices rose above $70 a barrel yesterday, as persistently high
fuel demand and concerns about possible supply disruptions in the
Middle East and Nigeria offset news of increasing US inventories.
By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

And I'd bet that I can name at least two right off the top of my head.

That's right: it's not the oil company buddies of Bush and Cheney,
it's ,,,

Sorry, not buying into that one.


Why not, it is just as plausible as your theory.


Only to the uneducated, unsophisticated Bush backers.

I see, you can't argue the fact so you resort to personal attacks.

Oh, what a gem!! This from the person that posts NOTHING BUT personal
attacks!!!!!!

You need a tighter fitting tinfoil beany. The one you're
wearing isn't keeping out the spy beams.


Shortwave Sportfishing wrote:
Well, it's the same model you use to keep out the Bush-Cheney spy
beams.

No way. My tinfoil beanie is the military issue carbon fiber
model.

DSK

On Thu, 31 Aug 2006 10:44:40 GMT, Shortwave Sportfishing
wrote:

By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

That's an interesting conjecture, right up there with the theories
that the WTC attack was a CIA plot to justify invading Iraq or some
such.

Actually I have it on good authority that high fuel prices are a
massive conspiracy to punish me for owning a couple of power boats.

On Fri, 01 Sep 2006 10:41:08 -0400, Wayne.B wrote:


Actually I have it on good authority that high fuel prices are a
massive conspiracy to punish me for owning a couple of power boats.

Damn, now that you have found me out, at least tell me, is it working? ;-)