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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (75461)	5/17/2007 1:27:30 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

You're right, maybe it was a Freudian slip... I really don't know if prices are "manipulated" in that way, but they do seem as if they are, so maybe I did mean to say that at some level... I guess the manipulation comes in with the taxes added to the cost, that component of the price is certainly manipulated... otherwise, I think the market probably sets the price through supply and demand... China is now a big consumer of oil, so prices are higher for that reason alone... if prices were actually manipulated, then I would imagine the oil companies would have set their prices higher earlier... GZ™