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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: thackney

There is no logical basis for the rise in prices we hhave seen. And yes no one single company can but several can. And I think are. That is price fixing and it is illegal.


218 posted on 08/16/2005 8:35:59 AM PDT by TXBSAFH (Free Traitors are communist China's modern day "Useful Idiots")
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