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To: thackney

OK, so I got the particular price point jump wrong, it’s still no less valid a point that the price spiked in double digits, on more that one occasion...in a matter of days.

Nor does it obviate that the present price of oil, has not only a 30 to 40 dollar war premium built in, but production and re4finery shortfall premiums built in, that farr exceede the lokely market reality, and that a precipitous price drop.,, is not such an outrageous thought, and that a mere less that $2 price fluctuation doesn’t mean a hill of beans to anyone other than speculators and day traders.


41 posted on 01/22/2008 9:16:06 AM PST by DGHoodini (Silent tears, bleeding heart...Well our prima donna plies her art.)
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To: DGHoodini
price spiked in double digits, on more that one occasion...in a matter of days.

I provided you the data source, would you point out the dates when that happened?

I do see it dropped almost $10 from Nov 23 to Nov 30. But I haven't seen a price change of at least $10 in less than a week.

Also, war, production and refinery rates is market reality.

42 posted on 01/22/2008 9:24:46 AM PST by thackney (life is fragile, handle with prayer)
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