Posted on 06/26/2011 5:26:14 PM PDT by Abathar
There's no new disruption in supply, particularly regarding Libya, therefore the fig leaf claims are false leaving the politics of price manipulation as the obvious reason.
The price of oil dropped because new supply, even the threat of new supply, always causes it to drop.
I suppose it's possible, however unlikely, Obama anticipates a new disruption is coming because he's going to do something to precipitate one.
If that’s how things plays out, it would be well worth tracking and exposing.
Same thing Clinton did when oil prices were rising and he wanted to appear to be doing something. It’s politics.
Eventually the Feds will have to buy it back, but they’ll do it in secret.
Because he was paid to.
Thought you may want to provide some of your insight to this thread. :)
Just another step to weaken America’s ability to withstand the remainder of Obama created crisis.
Half EU, half US reserves. Maybe the scheme was cooked up at the Bilderberg meeting a few weeks ago.
IT WAS ALL ABOUT HIM AND ONLY HIM.
“Do something, even if it’s wrong
(note he dithered for two months and by the time he decided, the problem was already diminishing)”
“Election season has begun.”
Yep...and, yep.
If they can manipulate the world oil price, they can manipulate the world economy.
Start watching for news stories on the use of idle tankers being used to stockpile oil in anticipation of a major price swing the same way they did prior to the 9/11 attack.
If stories of an oil glut and idle tankers being used to stockpile oil start popping up, grab your butt with both hands and hold on, something major is coming down the pike.
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