To: Alberta's Child
I don't believe that at all. The dollar is at the same level it was in the mid-90's, what was the price of oil then? Why did the price of oil keep going up when the dollar strengthened recently? Where is the "skyrocketing demand" when supplies are up 11% from last year same time but demand is down 3%?
Source: http://biz.yahoo.com/ap/050818/oil_prices.html?.v=17
To: Citizen of the Savage Nation
Oil futures traders are betting that the price will go up as a result of supply disruption: pure and simple. Some (probably many) of them will lose a great deal of money when it does not go up.
You are free to do the same kind of betting if you wish to. Or you can play the lotteries and give the states 50% off the top, or go to Vegas and give the casinos 20% or so off the top.
102 posted on
08/18/2005 7:46:32 PM PDT by
AFPhys
((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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