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To: ErnstStavroBlofeld
...price has soared in recent weeks to more than $100 a barrel on global demand and tensions in the Middle East...

Right. No mention of market speculators.

I wonder if the Wikileaks guys went long oil futures just before releasing this little tidbit.

9 posted on 02/08/2011 6:19:45 PM PST by FReepaholic (WTF?)
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To: FReepaholic

Why would the U.S counsel lie on a diplomatic cable to the State Department? Maybe Saudi Arabia is literally running out gas


12 posted on 02/08/2011 6:23:07 PM PST by ErnstStavroBlofeld
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To: FReepaholic

>> “Right. No mention of market speculators.” <<

.
Standard argument of the “give me something for nothing” liberal whinner.

Speculators have to have a basis for speculation, or it falls flat. Study Laffer.


16 posted on 02/08/2011 6:37:35 PM PST by editor-surveyor (NOBAMA - 2012)
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