Nice of you to be able to CATCH UP to ME, "news"paper!
"No sign oil price swings will end" by New York Times | July 6, 2009
The volatility that has gripped oil markets for 18 months shows no sign of slowing down, with oil prices more than doubling since the beginning of the year. The instability of oil and gas prices is puzzling to government officials and policy analysts, who fear it could jeopardize a global recovery....
Not to ME! EVERYONE in the WORLD KNOWS that GAS PRICES are MANIPULATED, so why not CUT OUT the FRAUD, 'eh?
Oil has now risen to $70 a barrel, pushing gas prices up again to $2.60 a gallon, according to AAA....
Even though demand is down and supply is up! It's the BIZARRO WORLD!
Almost makes you believe SOMEONE INTENDS on DESTROYING the ECONOMY, doesn't it?
Many factors that pushed oil prices up last year have returned.
Oh, yeah, what are the MOUTHPIECE MSM EXCUSES from the CORPORATE MEDIA?
Supply fears are creeping back, with a new round of violence in Nigeria’s oil-rich Niger Delta crimping production. And there are increasing fears that the political instability in Iran could spill over onto the oil market, potentially hampering the country’s exports. The OPEC cartel has also been remarkably successful in reining in production to keep prices from falling.
Yeah, THANKS ISRAEL (our 'friends')!
“Crude oil prices appear to have been divorced from the underlying fundamentals of weak demand, ample supply and high inventories,’’ Deutsche Bank analysts said.
Yeah, I HEARD THAT BEFORE!
Oh, I SAID THAT!!
