Re: DRUDGE COMMENTED ON HIGH OIL PRICE

<comics@xxxxxxxxx> wrote in message
news:28285-43DE974E-567@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> he basicaly said it was a joke and asked if we should expect every world
> event to drive up the price unlike the past. heck, when iran was
> shooting missiles into oil tankers and ACTUALLY AFFECTING oil shipments
> a few years ago, oil barely went up. now, it jumps up 10 dollars a
> barrel on rumors even though there is an oil glut.....remember, when
> they are "scaring " you NOTHING BAD IS REALLY HAPPENING and there have
> been no SIGNIFICANT interruptions in oil production where it caused any
> real shortages. congress starts hearings on the oil price scam later
> this week.

I love it when people like you try to talk down oil. I love it when some
analyst shows up on CNBC saying oil is going to drop back down to 40. That
only confirms oil is going to continue going up. Hell, you repeated the same
thing last year. And you'll be saying the same thing next year when oil is
somewhere around 80-90. Too bad you missed out on all those oil profits.
Meanwhile company after company is reporting lower production, while demand
from India and China continues to increase.

--
"You are a den of vipers. I intend to rout you out and by the Eternal God I
will rout you out. If the people only understood the rank injustice of our
money and banking system, there would be a revolution before
morning."

-- Andrew Jackson, 1828


"The last duty of a central banker is to tell the public the truth."

- Alan Blinder, former Vice Chairman of the Federal Reserve



.

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