And cliff still doesn't know about Commodity market a barrel of oil for xxx
and commodity market a gallon of gasoline for yyy.
Oil company buys at xxx, sells gas at yyy and makes windfall because someone
is bidding xxx up and yyy up on the market - being greedy.
Martin
Martin H. Eastburn
@ home at Lions' Lair with our computer lionslair at consolidated dot net
TSRA, Endowed; NRA LOH & Patron Member, Golden Eagle, Patriot's Medal.
NRA Second Amendment Task Force Charter Founder
IHMSA and NRA Metallic Silhouette maker & member.
http://lufkinced.com/
Cliff wrote:
On Wed, 07 May 2008 01:40:39 -0400, Cliff wrote:
Predictions are for US$ 6/gallon gasoline within 6 to 18 months.
Or worse.
The neocons win another one.
"Crude oil rose $1.69 to another record close of $123.53 per barrel,"
The secret sure**** neocon energy plan in action.
[
March 21, 2008 - 8:11am
By DEB RIECHMANN
Associated Press Writer
"You've got a situation in which we've seen the price of oil rise fairly
dramatically in recent months, up now to over $100 a barrel," Cheney said. "But
it reflects primarily the realities in the marketplace."
Earlier this week, Bush said his administration was "on top of the situation"
...
]
It's the missionary position all over again.
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