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1 posted on 09/01/2015 10:16:59 AM PDT by thackney
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To: thackney

Everything is just pure plain nuts!

It is not worth the ride.


2 posted on 09/01/2015 10:24:18 AM PDT by Sequoyah101 (It feels like we have exchaned our dreams for survival. We just have a few days that don't suck.)
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To: thackney

Still well above what they were a few days ago.


4 posted on 09/01/2015 10:39:20 AM PDT by arthurus (It's true.Still quite above what they were just a few days ago.)
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To: thackney
A 7% dive to $45 a barrel comes after prices soared higher to close Monday above $49 a barrel -- a nearly 30% rise in three days.

So, if my math is close, the price of oil has risen 23% in 36 hours.

5 posted on 09/01/2015 10:46:59 AM PDT by Obadiah (Mr. Obama, the time for honoring yourself will soon be at an end.)
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To: thackney
Just wait until we switch to the less expensive winter blend gasoline in October. We could see gasoline dropping possibly well under US$1.99/US gallon for 87 pump octane unleaded--even in California!
6 posted on 09/01/2015 10:50:23 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: thackney

You might want to look at what is really happening:

http://www.oil-price.net/

This play can’t go on for ever - the real cost of production is much higher.


19 posted on 09/01/2015 11:24:00 AM PDT by paulk ( If one fails to learn self discipline, Don't worry; there will be others to boss you around. -kps)
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To: thackney

A lot of shorts getting covered yesterday.

Most of the time, price has very little to do with supply/demand.

Give us market set interest rates and cut off the tsunami of free money from the fed. Watch the speculation slow down...a lot.


21 posted on 09/01/2015 11:29:29 AM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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