[RightWhale]

What was the time frame for the $105?

[GOP_1900AD]

I personally would label it either fraud or price fixing. SEC or FTC (sort of a grey area in terms of jurisdiction) should investigate.

[The Great Yazoo]

the esteemed Wall Street brokerage firm, Goldman Sachs, released an analysis forecasting a continued increase in energy prices that could result in oil hitting $105 per barrel...

Here's how you can tell if GS really believes its analysis...if GS starts buying alternate fuels stocks out the wazoo. Otherwise, I discount GS's analysis the same way I discount that of those guys paying good money to radio stations to plug gold (poised to reach new highs!!!!). For if I believe gold prices are headed up, the last thing I'd do is pay good money to sell it short.

[opinionator]

I've put all of my money into tulip bulbs.

[kellynla]

BTTT

[M. Espinola]

Goldman Sachs may be trying in promote additional bullish trading in crude oil futures & options, which they are positioning themselves with 'cheap puts' for the eventual downside to this market.

The higher oil prices rise the cheaper contracts on the reverse side become. Nothing climbs forever, although we should see far greater prices prior to collapsing oil prices partially due to reduced demand in the West.

World Oil Market and Oil Price Chronologies: 1970 - 2004 (chart)

[Phsstpok]

Goldman Sachs has been in the pocket of the Clintonoids since before 92, or vice versa. Prior to being Clinton's Treasury Secretary Robert Rubin ran GS. He also incidentally got them into some of the wildest speculations in their history. Then the Clinton administration pursued exactly the policies to make those wild speculations profitable and to cover up the risks (until the bubble burst).

GS has also been an ally of George Soros in his criminal manipulations, such as artifically attacking the British Pound (which ended with him being the "man who broke the Bank of England" to make several billion in profits and wipe out lots of little peoples life saving in the process).

Manipulating oil futures for a quick buck on the commmodities and stock markets is only layer one of a very rotten onion. Other layers have more to do with destroying the American economy and, with it, the American power in the world.

We ARE under attack. Soros, Rubin, Clinton, Chirac and most of the folks who are most vocal and vicious in attacking George Bush are literally waging war on our country, just "by other means."