Posted on 11/11/2004 9:44:43 AM PST by Tacis
In the weeks prior to our election, George Soros and his anti-American colleagues who control the world price of crude oil, drove the price of oil up to and over $55 a barrel, more than twice it's previous price.
America has refused to tap it's own oil resources in Alaska and off the west coast of Florida and in thr California Channel Islands area. We buy an amazing amount of our oil from the world markets, markets controlled and manipulated by Soros and the world's other solcialist billionaires.
But, since the election and before demand began to suffer, Soros and his anti-Americans have dropped the price of oil by almost $10 per barrel and the price continues to fall. Where is the media outrage over this price manipulation, manipulation designed to weaken the US economy immediately before an election in an illegal effort to influence the outcome of that election?
You know that if prices had increased by a similar percentage after the election of W, there would be no end to the criticism and claims of Halliburton fiddling with prices.
Where is the media outrage over the manipulation of the gold, silver, copper, and steel prices?
World Oil Production is approximately 75 million barrels a day. At the average price of $40/barrel (cheaper that spot market, due to long term contracts and totally made up by me), this is 3 BILLION dollars a DAY. Any individual that can manipulate a market this size, for this long, could buy the the United States and claim himself king.
I believe if one played the futures and options markets and had a billion dollars to do it, one could easily manipulate the oil market for a short time. And, if Soros, himself, were make $10 a barrel on a portion of the 75 million daily barrels, it would be a market worth playing. But, my main point was, had the timing been post election, the media would be blaming Bush, his buddies in the oil biz and Halliburton for the wild swings. But, when the target is the liberal socialist, the media looks the other way.
I think it is too big. 1 billion wouldn't do it. Not at +90 billion a month and you need to affect several months worth of deliveries or people can just wait it out for 30 days.
That sounds exactly like Soros except he wanted to appoint Kerry as king.
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