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Charley, why don't you highlight the real facts about oil and gasoline. Oil is DOWN about 13 % for the year and retail gasoline is UP about 12%. Can anyone say manipulators or speculators?
HIGHER margin requirements are needed for the oil speculators and traders so they have more of their own skin in the game. Then, we will see oil prices come down. There is no reason today for oil to be up almost $4 per barrel.
It's about time all these commodity prices start falling and keep falling. I hope all the speculators take it in the shorts. We better start seeing gasoline taking a dive real quick too or get your representatives to start making noises about price gouging.
This article is way off base from reality. In my area of the country the illegals are more than 50% of the student population in our school district and almost all get the free hot breakfast and lunch, as well as don't pay any student fees. We are second in the United States postal system for the issuance and sending...more
I can't believe how naive some posters here are about the price of gasoline. First, inventories of oil and gasoline are at all time highs. Second, oil is down 5.87% this year, but retail gasoline went up 19.14%!! It is the speculators and greedy oil companies doing this to us. Please know what you are talking about...more
Don't you just love it? Oil went down significantly yesterday and not one gas station by me lowered their price by even a penny today. If it was the other way around, gas would have gone up within a couple of hours from the price increase in oil. Talk about greed and gouging by these supposedly independent station o...more
What is everybody so surprised about? The market should be at about 10,000. It has been overvalued for a long time now. The corporations have just about played all the games they could with accounting to keep earnings up, but the jig is just about up. The only place left to cut is employees, which has started happe...more
"There is no real recovery." And, Wall Street is surprised by that statement? You could have asked any small business person that question 6 months ago and they would have told you there was no real recovery. Any banker, pundit and /or analyst that is surprised by this staement should immediately be fired.
7/29/2011
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