Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (397397)	7/9/2008 2:41:15 PM
From: Thomas M.	Read Replies (2) of 1574685

Today, U.S. oil inventories are at an 8-year high, and OECD [mainly European] oil inventories are at a 20-year high. Accordingly, factors other than basic supply and demand must be examined and "What's been happening since 2004 is very high prices without record-low stocks. The relationship between U.S. [oil] inventory levels and prices has been shredded, has become irrelevant." ——Jan Stuart, Global Oil Economist, UBS Securities members.aol.com Oil price has become unhinged from oil market fundamentals because of speculators. The oil speculators are worried about the genuine (and partially realized) threat that traitorous Neocons are willing to damage the global oil market in order to ensure that the Palestinians will sign away their basic human rights because they have no significant allies left. Tom

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