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To: COEXERJ145
Anywhere from $15 to $25 in the price of oil is caused by speculators. Correct. Good article today about just this topic.
69 posted on 04/04/2005 5:57:38 PM PDT by Citizen of the Savage Nation
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To: Citizen of the Savage Nation

it won't move as that article indicates without some catalyst that starts prices falling and causes speculators to be stopped out of their positions. that's why I say - open the SPR and sign a contract with Iraq for their oil below market. That's the catalyst we need to start the ball rolling.


71 posted on 04/04/2005 7:07:29 PM PDT by oceanview
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