Posted on 10/17/2008 12:19:27 AM PDT by nickcarraway
It will rise again. It has to because of the laws of supply and demand.
Not nearly enough to account for the drop in prices. Something else is afoot, and it smells a whole lot like market manipulation.
“not a busted bubble. just means we’re in for some hard times.”
Bingo! We have a winner!
delacoert I think you overrate the effect traders can have on a market as huge as the oil market.
Fundamentals and events (market, world, geo politics) play a much larger factor IMO.
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