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To: Clam Digger
"You think they planned on having that leak?"

No, but they wasted no time in jacking up prices across the board. Funny how prices jump up instantly, but it takes weeks to come back down.

14 posted on 07/23/2007 7:00:38 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: TommyDale

Yeah, a grand conspiracy! /s


16 posted on 07/23/2007 7:02:01 AM PDT by Clam Digger
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To: TommyDale
Prices are set by bid, just the same as for other globally traded commodities. No one in the oil companies just "jacked" them up, it happened in the trading pits.

Supply and demand.

64 posted on 07/23/2007 2:00:13 PM PDT by Smokin' Joe (How often God must weep at humans' folly.)
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To: TommyDale
No, but they wasted no time in jacking up prices across the board

If oil companies can "jack up the prices" whenever they want, why do they need a leak as an excuse? Why would they ever drop the price?

224 posted on 07/29/2007 10:55:11 AM PDT by Fan of Fiat
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