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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: twmoore who wrote (50378)5/24/2004 10:54:24 AM
From: Tommaso  Read Replies (1) | Respond to of 74559
 
>>>>Why have they allowed the price to rise above 40/barrels

So as to get paid more.

As long as we pay enough there will be no lines at the pumps.



To: twmoore who wrote (50378)5/24/2004 11:42:24 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>>the price of oil is being manipulated by OPEC<< ... hm ... I see ... Question:who's manipulating OPEC?...(wink wink) ...



To: twmoore who wrote (50378)6/9/2004 3:38:31 PM
From: twmoore  Respond to of 74559
 
Investors were relieved that U.S. oil prices were lower again, trading around $37 a barrel as U.S. data showed gasoline inventories rose more than expected, helping to ease concerns about inflationary pressures in the broader economy.

Who is lying to whom?It wasn't too long ago that the world was running out of oil and people were predicting oil at 60-100 dollars per barrel.


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