[Spridgets] Oil ( no direct LBC )

Dean Hedin 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
> http://home.comcast.net/~philnasecpa/
> bugi1960 at gmail.com

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