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To: Woodworker
The only reason oil is $50 a barrel is the futures market being manipulated by the left-wing super rich in their desire to hurt the American people.
10 posted on 01/30/2005 9:12:14 AM PST by YOUGOTIT
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To: YOUGOTIT
The only reason oil is $50 a barrel is the futures market being manipulated by the left-wing super rich in their desire to hurt the American people

If there were an adequate supply, they could not drive the price upwards. It would plummet. Speculation and price-fixing aloane cannot levitate this market. It is simply too big. They would never be able to hold this price if there were more oil pouring out of the ground - and especially American ground.

I blame our environmentalist wackos and politicians, not the speculators. We have oil here for the taking and we have simply locked it up, preferring to go nationally bankrupt rather than risk a few (a very few) arctic terns and our environmental fantasies.

15 posted on 01/30/2005 10:47:25 AM PST by Gritty ("Proclaim liberty throughout the land to all its inhabitants"-Lev. 25:10 [Liberty Bell inscription])
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To: YOUGOTIT
The only reason oil is $50 a barrel is the futures market being manipulated by the left-wing super rich in their desire to hurt the American people.

I hope you really don't believe what you typed because it's not true.

20 posted on 01/30/2005 11:12:32 PM PST by Major_Risktaker
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To: YOUGOTIT

They can only manipulate the price so high until it becomes cost effective to extract it from shale. THEN the gig is up (and the mid-East becomes utterly irrelevent).


22 posted on 01/31/2005 3:16:14 AM PST by raygun
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