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Clairvoyant Reuters announces that oil will be 10 percent cheaper if Kerry wins
Reuters via Yahoo! ^ | 11/1/04

Posted on 11/01/2004 11:06:26 AM PST by dead

Fuel prices at a Citgo Gas Station stand out next to the Sears Tower in downtown Chicago October 5, 2004. Oil prices may cost as much as 10 percent less next year if Democratic challenger John Kerry (news - web sites) defeats President George W. Bush (news - web sites) in Tuesday's election, some energy analysts said on November 1. Kerry is seen as more likely to use the U.S. Strategic Petroleum Reserve (SPR) to cool prices and is expected to have a less aggressive policy in the Middle East, lowering the risk of supply disruptions from the energy-rich region. (John Gress/Reuters)


TOPICS: Foreign Affairs; Front Page News; Government; News/Current Events; Politics/Elections
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To: dead

Reuters is right because the unemployment rate will be hovering around 10%


21 posted on 11/01/2004 11:26:45 AM PST by OldFriend (It's the soldier, not the reporter who has given US freedom of the press)
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To: RockyMtnMan
What they fail to mention is he'll use the strategic oil reserve (that Bush has been building) to do it.

It's mentioned...right below the picture. Didn't clinton do this once with little or no affect on oil prices? (Leave our oil reserve alone, john kerry!)

22 posted on 11/01/2004 11:26:51 AM PST by scan58
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To: Question Liberal Authority
Oil will be 10% cheaper if the election ends.

Bingo. Sadly the election may not end for quite a while.

23 posted on 11/01/2004 11:27:36 AM PST by ThinkDifferent (A plan is not a litany of complaints)
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To: RockyMtnMan

I think I answered this twice. I don't know. If so, sorry.


24 posted on 11/01/2004 11:32:13 AM PST by scan58
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To: dead

Yes it will!!

I read in the WSJ that some highbrow economist made a case that filling the Emergency Petroleum Reserve has inflated the world oil pricing on the spot market by 10%.

President Bush has now been able to fill the salt domes to 98% of their capacity so that if the terrorists try to cut off our petroleum supply, we have a breather in energy until we blast the bastards off the face of the planet.

The last of the strategic oil buying to bring the domes up to the brim occurs in February, for delivery in March 2005.

Hence, the world oil prices will drop in March reflecting the lower demand.

sKerry will have nothing to do with it, but will take all the credit for it!!


25 posted on 11/01/2004 11:32:39 AM PST by aShepard
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To: dead

Ok, time to don the tinfoil hats, and sit back, as I take you down conspiracy lane. I suspect, and have absolutely no proof, that the recent runup in oil prices, was an attempt by the Soros' of the world, to stall the U.S. economy, several months before the election. The rise in prices, has been widely said, to have been as a result of speculation, and not of supply and demand. It would seem odd, at least to me, that the prices would spike so much, as economic news coming from the U.S. was beginning to be quite positive. Soros has in the past, speculated in currencies, and nearly broke the Bank of England, during one of his manipulations, so I don't see it as implausible, that such a scenario is financially possible, given Soros' financial resources. Perhaps, this is not just an individual, or group of investors who have been doing this, but possible an unfriendly nation's intelligence agency. Either way, I think this ill timed spike in prices stinks to high heaven, and should be investigated quite thoroughly. I have my asbestos underwear handy, so flame away.


26 posted on 11/01/2004 11:33:15 AM PST by krogers58
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To: dead

That's just pathetic. The campaigning for Kerry by the media is beyond absurd.


27 posted on 11/01/2004 11:34:20 AM PST by Dog Gone
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To: dead

Oh yea, go ahead and use the Strategic Reserves, but thats the reason they are there... for STRATEGIC RESERVE. We aren't in that dire of a situation to tap into those yet.


28 posted on 11/01/2004 11:35:19 AM PST by BladeLWS
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To: dead
One of the thousands of oil analysts says Kerry = low oil prices- and it's "news!".

Our "nonpartisan" media will have a more balanced story out, in a day... or two.

29 posted on 11/01/2004 11:35:49 AM PST by mrsmith ("Oyez, oyez! All rise for the Honorable Chief Justice... Hillary Rodham Clinton ")
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To: dead

So, for only 22 cents per gallon, we can live safely, etat, school our children, and not look at Tereza for 4 years???

Deal.

Boy, the dimorats sure have alot of "experts" don't they?


30 posted on 11/01/2004 11:36:07 AM PST by Hi Heels (Proud to be a Pajamarazzi. Flush Fluffy and Stuffy.)
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To: Hi Heels

etat=eat....sorry


31 posted on 11/01/2004 11:38:28 AM PST by Hi Heels (Proud to be a Pajamarazzi. Flush Fluffy and Stuffy.)
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To: dead

Oil is going to go down no matter who wins. George S. and billionaire pals will stop bidding up the price.


32 posted on 11/01/2004 11:40:41 AM PST by popparollo (I AM THAT I AM...A FRIEND OF THE REPUBLIC!!!)
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To: dead

Well Duh!!! Wait 1 month after the election, and I'll bet prices have dropped dramatically. These prices are nothing but the arabs contribution to the hanoi john campaign.


33 posted on 11/01/2004 11:40:52 AM PST by weezel
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To: dead

Well Duh!!! Wait 1 month after the election, and I'll bet prices have dropped dramatically. These prices are nothing but the arabs contribution to the hanoi john campaign.


34 posted on 11/01/2004 11:40:57 AM PST by weezel
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To: dead
Rip-roaring drunk Gore bellows “I won that last election motherf#*kers! I’ll not be silenced!”

Former Vice President Al Gore, was apparently drunk to the gills Saturday night,
screaming obscenities and ranting about how he won the last election. “I’ll kick your
ass if you dissergree wif me!” Passing a bottle of tequila back and forth with his
wife Tipper, the former presidential candidate hectored his audience until they all
gradually walked out. After Mr. Gore threw up on himself and passed out, his wife left
with the auditorium’s night security guard, singing “Whipping Post” at the top of her lungs.

35 posted on 11/01/2004 11:41:13 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: dead

Well Duh!!! Wait 1 month after the election, and I'll bet prices have dropped dramatically. These prices are nothing but the arabs contribution to the hanoi john campaign.


36 posted on 11/01/2004 11:41:17 AM PST by weezel
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To: dead


Soros must've told Reuters that he'd release his stranglehold on oil futures if Kerry's elected.


37 posted on 11/01/2004 11:59:51 AM PST by Westbrook (Having more children does not divide your love, it multiplies it!)
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To: Westbrook

If you look at oil prices today, it looks like some of the oil manipulators are jumping before the election. (Oil down $1.63)


38 posted on 11/01/2004 12:17:53 PM PST by KC_for_Freedom (Sailing the highways of America, and loving it.)
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To: dead

Soros and other scum bags have bid up oil futures for months now to hurt Bush.

Tomorrow the oil futures crash.

John


39 posted on 11/01/2004 12:23:43 PM PST by John_7Diamonds
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To: KC_for_Freedom

They are bailing now. No longer any sense to bid them up.

John


40 posted on 11/01/2004 12:24:37 PM PST by John_7Diamonds
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