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To: Brilliant
"It has nothing to do with mergers. It has everything to do with the increase in the price of crude."

Not sure about the merger part but it's certainly not because the price of crude has gone up. A 6-7 dollar hike in the price per barrel of crude should never equal a 50-60 cent per gallon increase to the consumer. Just in my area alone the price at the pump has increased another 15 cents in the last week.

11 posted on 05/17/2004 6:10:28 AM PDT by JustAnAmerican
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To: JustAnAmerican

It's gone up a lot more than 6-7 bucks in the last couple of years. Of course, the short term increase you are talking about is due to a lot of things, ranging from an increase in oil prices, to lack of refinery capacity, to higher wages, etc. I doubt that you can ID any mergers that have occurred in the last few weeks that might explain it.


47 posted on 05/17/2004 9:10:20 AM PDT by Brilliant
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To: JustAnAmerican
Not sure about the merger part

That's OK, nobody else is either, but if it sounds like a slam on GWB, the bots will be all over it like white on rice.

65 posted on 05/17/2004 4:09:10 PM PDT by iconoclast
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