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To: thackney

But what if they are manipulating the market to raise the price beyond where it should be? This rapid raise is speculation at its worst and there is a brewing backlash.


213 posted on 08/16/2005 8:28:42 AM PDT by TXBSAFH (Free Traitors are communist China's modern day "Useful Idiots")
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To: TXBSAFH
But what if they are manipulating the market to raise the price beyond where it should be? This rapid raise is speculation at its worst and there is a brewing backlash.

Any single company cannot manipulate a market the size of the world oil market, with the possible exception of Aramco. But if you think Shell or Exxon should sell at below market prices, I do not think you understand a free market.

216 posted on 08/16/2005 8:32:27 AM PDT by thackney (life is fragile, handle with prayer)
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To: TXBSAFH
But what if they are manipulating the market to raise the price beyond where it should be?

How would that work?

This rapid raise is speculation at its worst and there is a brewing backlash.

Speculation is a good thing.

217 posted on 08/16/2005 8:35:03 AM PDT by Protagoras (Now that the frog is fully cooked, how would you like it served?)
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