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To: bjs1779
This price is not justifiable. The Dollar’s relative decline isn’t doing it. The supply side fundamentals don’t give cause for it. Speculation. Peoples pockets being drained at the pump isn’t ‘speculative’ of course but there is no other specific reason.
37 posted on 02/28/2008 8:10:24 PM PST by kinoxi
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To: kinoxi
This price is not justifiable. The Dollar’s relative decline isn’t doing it. The supply side fundamentals don’t give cause for it. Speculation. Peoples pockets being drained at the pump isn’t ‘speculative’ of course but there is no other specific reason.

You may be right, but what is the cost of a barrel of oil in Euros compared to our money?

39 posted on 02/28/2008 8:19:40 PM PST by bjs1779
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To: kinoxi

“This price is not justifiable. The Dollar’s relative decline isn’t doing it. The supply side fundamentals don’t give cause for it. Speculation. Peoples pockets being drained at the pump isn’t ‘speculative’ of course but there is no other specific reason.”

You are smarter thank the market, hey?


72 posted on 02/29/2008 8:07:29 AM PST by FightThePower! (Fight the powers that be!)
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