On Thu, 18 Oct 2007 13:50:30 -0500, F. George McDuffee
wrote:
snip
2. He was beating the oil futures speculators because he could
turn the oil spigot on and off, as required to make a profit
going short and long.
snip
This just in

Light, sweet crude for November delivery hit $90.02 in electronic
trading Thursday evening before returning to around $89.60.
Earlier, prices had risen $2.07 to settle at a record $89.47 on
the New York Mercantile Exchange.

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Unka' George [George McDuffee]
============
Merchants have no country.
The mere spot they stand on
does not constitute so strong an attachment
as that from which they draw their gains.

Thomas Jefferson (1743-1826),
U.S. president. Letter, 17 March 1814.