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It's Time for Obama to Spook the Oil Markets
OilPrice.com ^ | 05/03/2011 | Llewellyn King

Posted on 05/05/2011 9:06:51 AM PDT by bananaman22

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To: subterfuge
If Hussein announced an energy policy geared to more production it would cut the legs from the "speculators" immediately. He either knows that or doesn't know that. If he does know it, he is a criminal and a traitor. If he doesn't know it he is a fool.

He is THE WORST president since Wilson. I fear for your great republic if he is reelected.

21 posted on 05/05/2011 9:59:43 AM PDT by Former Proud Canadian (Slugs? Clingers?)
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To: Former Proud Canadian
I fear for your great republic if he is reelected.

Not to sound like the arrogant Ugly American or anything, but when the U.S. goes down, and it will if OweBama gets reelected, a whole block of other nations will struggle mightily too.

22 posted on 05/05/2011 10:03:24 AM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: bananaman22
Yeah there is a “Solution”. Let us have the same US Government, that corruptly shut down 1/3 of US domestic production for 8 months by filing fraudulent “Safety” reports after the BP Gulf oil spill, exert more power over the oil markets.
23 posted on 05/05/2011 10:03:55 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: subterfuge

Ummm, yeah, thanks, I’ve lived long enough to realize that.


24 posted on 05/05/2011 10:12:00 AM PDT by Former Proud Canadian (Slugs? Clingers?)
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To: reformedliberal
PTB are controlling those markets today... but they cannot control them long term and the dollar will continue to decline. I will do as it has done for years... up then down lower... up and then down lower. We are in a depression right now... and it will be years before we are back in form... and obama cannot do anything that will change the fact that 2012 will be worse than 2011, which was worse that 2010. Trust me.

LLS

25 posted on 05/05/2011 10:18:07 AM PDT by LibLieSlayer (THANK YOU PRESIDENT BUSH!)
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To: bananaman22

We still have 2 summers and 2 hurricane seasons along with no end in sight to the mess in the middle east. Gas will be $6-7 by then and no amount of massaging or media tweaking will save the regime...


26 posted on 05/05/2011 10:25:22 AM PDT by Nat Turner (I can see NOVEMBER 2012 from my house....)
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To: bananaman22

Idiocy. Far from distorting it, speculators keep the market in balance, frequently by taking short (hedged) positions contrary to current price trends. Traders do not control or influence macro-economic policy, and that is what is 100% responsible for the upward trajectory of oil prices. The Obama Administration is purposely devaluing the US dollar and using regulatory authority to prevent both oil exploration and an increase in refinery capacity.


27 posted on 05/05/2011 10:39:48 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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