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To: gas0linealley
Crude oil prices, which make up 90% of the total cost of running gas refineries, are set by SPECULATORS, which fluctuates hourly

Yes, speculators are a part of supply and demand. So what?

6 posted on 06/01/2007 8:25:32 AM PDT by Toddsterpatriot (Why are protectionists (and goldbugs) so dumb?)
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To: Toddsterpatriot

“Yes, speculators are a part of supply and demand. So what?”

So when a Saudi prince has a bad case of acne, speculators drive the price up.


49 posted on 06/01/2007 4:13:09 PM PDT by Grunthor (I am a GREAT sinner but I have a GREATER Saviour.)
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To: Toddsterpatriot; mysterio

And according to your “Inflation calculator” an OZ of gold should cost $210.00 today. It closed at $673.00. So your inflation calculator is about 2000% off.


96 posted on 06/02/2007 7:57:29 AM PDT by MNJohnnie (If you will try being smarter, I will try being nicer.)
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