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1 posted on 09/12/2006 9:34:08 AM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
We're DOOMED!

Crude is lower!
An attack on our embassy was foiled!

Nothing but bad news! But, on the bright side, some folks do have "jitters". Unfortunately, that's not having much of a negative effect on things (yet).

2 posted on 09/12/2006 9:37:16 AM PDT by ClearCase_guy (The broken wall, the burning roof and tower. And Agamemnon dead.)
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To: Ernest_at_the_Beach
"Myra saefong is a ding dong!"
4 posted on 09/12/2006 9:43:56 AM PDT by norraad ("What light!">Blues Brothers)
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To: Ernest_at_the_Beach
Don't kid yourselves, the speculators have an itchy finger on the oil price button. Whatever pops up that they can say will hurt oil production/consumption(In their greedy minds), will send them on a price hiking frenzy.

Just the mention of the Syria incident this morning had them pushing that button gleefully, never mind that it had nothing to do with oil.

However once word got out that it was nothing, they had no choice but to go back to watching that button.

I have said it before and I will say it again, Supply and Demand my rump. Speculators control oil prices not the consumer.

5 posted on 09/12/2006 9:49:18 AM PDT by Post-Neolithic
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To: Ernest_at_the_Beach

I have the distinct impression that the Islamists are shorting oil futures, and planning an event to spike the prices and cash out for more Russian, French, Chinese, and German arms purchases....any ideas?


8 posted on 09/12/2006 10:25:18 AM PDT by traditional1
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To: Ernest_at_the_Beach

I see crude nose dived today ... down about a 1.90 and gasoline futures also dropped a few more pennies as well.


11 posted on 09/12/2006 12:23:03 PM PDT by hawkaw
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To: Ernest_at_the_Beach
Crude futures inched lower Tuesday

$1.80 down is not a foot, but it is more than an inch.

16 posted on 09/12/2006 5:04:51 PM PDT by RightWhale (Repeal the law of the excluded middle)
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