"Heating oil contracts signed at peak now haunt" by Dave Gram, Associated Press Writer | October 22, 2008
MONTPELIER, Vt. --Burned last year after she failed to lock in a contract for heating oil, Corinne Wilkins, a home health aide, signed a contract this year before winter set in.
As it turns out, there are many people like Wilkins, and entire communities as well, that unknowingly agreed to heating contracts as prices peaked at historic highs.
And remember how the news media and the economic experts were all telling you to GET THOSE OIL CONTRACTS LOCKED IN because THEY COULD GO WAY UP come winter!?? I DO!! Well, SUCKERED AGAIN, AmeriKa!!!!!
Now she, and mostly Northeastern towns such as Springfield, Vt., are stuck. State attorneys general are advising consumers to honor their contracts. They're legally binding documents, said Melissa Karpinsky, press secretary to Massachusetts Attorney General Martha Coakley.
Fuck the contracts -- just like we should tell banks to fuck-off with their interest payment demands -- and fuck LYING LOOTERS who are RAPING US in the wazoo!!!
The town of Springfield ordered the oil it would need to heat schools and other public buildings when the price was a little more than $4 per gallon for a bulk buy of 250,000 gallons, said Robert Forguites, the town manager. That price has dropped by more than $1 a gallon since then, he said. Now, Forguites can only dream about what could have been done with the $250,000 difference.
And with TRILLIONS for WARS and BANKS -- as well as BILLIONS for ISRAEL -- think, just think, of what we could do with THAT $$$!!!!! And the OIL COMPANIES will STILL MAKE BILLIONS this QUARTER, won't they?
Oil prices hit an all-time high of more than $147 per barrel on July 11 and industry analysts were predicting crude could hit $200. Heating oil dealers typically send notices to their customers in May and June, opening a period when customers can try to hedge against price increases the following winter. --more--"
Why do I smell the STANK of MARKET MANIPULATION at work here? So OIL $$$ is gonna keep rolling in -- AFTER a PRICE REDUCTION EVEN!!!
Oh, Americans, are you ever get gang-banged by bankers, war-looters, politicians, and corporations!!
