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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Hope Praytochange who wrote (17746)11/14/2007 8:07:58 AM
From: HPilot  Read Replies (1) of 224843
 
The $100 barrel of oil does not actually exist. Rather it is the price per barrel of oil future contracts. That is why the price of gas at the pump did not go up as much. In fact some oil companies have made more profits selling oil futures. Not that risky for them, they have the oil so its covered.
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