On Apr 1, 7:51*pm, F. George McDuffee gmcduf...@mcduffee-
associates.us wrote:
On Thu, 1 Apr 2010 14:12:56 -0700 (PDT), Jim Wilkins
...
...What is unusual from the free
market "supply and demand" perspective is the current run-up of
oil prices to c. 85$US/bbl with no significant increase in global
consumption, no significant increase in the cost of production,
and no fall in aggregate supply. *This appears to indicate major
market manipulation and profiteering....
Unka George *(George McDuffee)

Not only oil, prices in general have been pushing upwards as much as
demand permits. How much have you seen On Sale since Christmas?
WalMart clothing has gone up a lot.

http://www.wtrg.com/oil_graphs/oilprice1947.gif
The price spikes were followed by recessions, reflected in the rapid
drops.

Perhaps the one to analyse for manipulation is the sharp rise in June
2000, shortly before the end of Clinton's term and seemingly not
obscured by concurrent political events.

By October it was being blamed on Bush.

jsw