[Spridgets] Oil ( no direct LBC )
dlh2001 at comcast.net
Mon Jun 23 23:04:09 MDT 2008
All bets are off, some of those future traders are over seas, like in the
Middle East and Asia.
We cannot regulate or curtail them, which is probably a good thing, since
future traders perform
a vital function in the economy, that is they help prevent rapid jumps in
----- Original Message -----
From: "Phil Nase" <bugi1960 at gmail.com>
To: "net Spridgets" <spridgets at autox.team.net>
Sent: Monday, June 23, 2008 11:27 PM
Subject: Re: [Spridgets] Oil ( no direct LBC )
> Watching St. Louis news tonight. They're reporting the investigation
> of investors in oil futures and blaming them for the high retail price
> of gas. Also stating that if the futures traders activity is
> curtailed that the pump price of gasoline could be cut in half within
> several weeks.
> Anyone wanna bet on this happening?
> Phil Nase
> Quakertown, PA
> bugi1960 at gmail.com
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