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To: James F. Hopkins who wrote (264758)10/26/2003 7:11:07 PM
From: broadstbull  Respond to of 436258
 
<<<Supply and demand is 80% bullshit,
& Oil prices are manipulated more under the
table by the Big conglomerates
than what OPEC does, at times
OPEC gets the heat , when they don't
deserve it.>>>

100% true, I have couple buds that work in major refineries here on the east coast. If half of what they say is true, the bad guys are on this side of the pipeline, not in the middle east. Refineries have a lot of discretion as to how much of each product is refined percentagewise from crude. You'd be amazed to know how often they for example; cut fuel oil production just before the winter begins to meet gasoline demand as summer ends and demand for gasoline will be dropping, thus creating a shortage of fuel oil.