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Crude set to fall again...surprise increase today in energy report.
Marketwatch

Posted on 07/16/2008 7:45:33 AM PDT by LexHoskin

Fall baby fall.


TOPICS: News/Current Events
KEYWORDS: crude; energy; energyprices; gasprices; oil
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1 posted on 07/16/2008 7:45:35 AM PDT by LexHoskin
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To: LexHoskin

http://www.cnbc.com/id/25694961


2 posted on 07/16/2008 7:47:28 AM PDT by neodad (USS Vincennes (CG 49) "Freedom's Fortress")
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To: LexHoskin

This is probably the result of Obammer saying he will tax the oil companies’ WINDFALL PROFTIS.

I’ll be back later I have to go catch that monkey that just flew out my ...


3 posted on 07/16/2008 7:48:43 AM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running. And FREE LAZAMATAZ)
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To: LexHoskin

This is probably the result of Obammer saying he will tax the oil companies’ WINDFALL PROFITS.

I’ll be back later I have to go catch that monkey that just flew out my ...


4 posted on 07/16/2008 7:48:58 AM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running. And FREE LAZAMATAZ)
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To: LexHoskin

Pelosi must have gotten through on the phone yesterday to OPEC.


5 posted on 07/16/2008 7:51:07 AM PDT by autumnraine
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To: LexHoskin

After the pres said we need to drill, did the supply and demand make the price of a barrel drop so much in 24hrs, or speculation?


6 posted on 07/16/2008 7:51:28 AM PDT by stuartcr (Election year.....Who we gonna hate, in '08?)
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To: neodad
On Tuesday the market saw its biggest one-day fall in dollar terms since 1991, when prices tumbled after the U.S. began bombing Iraq in the first Gulf War.

Gee, I thought the mantra was that middle-East wars cause prices of crude to rise. Have Pelosi, Scary Harry & Obamanuts been deceiving us? Whoud'a thunk it?

7 posted on 07/16/2008 7:51:41 AM PDT by bcsco (To heck with a third party. We need a second one....)
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To: Conspiracy Guy

If we tax oil company windfall profits, do they get a refund for free fall losses?


8 posted on 07/16/2008 7:53:59 AM PDT by bert (K.E. N.P. +12 . Conservation? Let the NE Yankees freeze.... in the dark)
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To: LexHoskin
Down more than $6.

Bush's fault.

9 posted on 07/16/2008 7:53:59 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: LexHoskin

Resuming the drop after digesting the fact that Iran’s missle launch was a bluff.


10 posted on 07/16/2008 7:54:09 AM PDT by AU72
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To: autumnraine
Pelosi must have gotten through on the phone yesterday to OPEC.

Don't laugh.

If the price does fall, congressional Democrats will be running to the nearest news camera to announce that "their measured strategy for oil price reduction is already showing results."

11 posted on 07/16/2008 7:54:47 AM PDT by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: bert

Heck no. The gummit only takes. Well they will buy votes.


12 posted on 07/16/2008 7:56:06 AM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running. And FREE LAZAMATAZ)
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To: LexHoskin

Please help refresh my memory, Wasn’t oil around $15 a barrel for a short period of time 2 or 3 years ago?


13 posted on 07/16/2008 7:56:10 AM PDT by marbren
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To: LexHoskin

Dollar is down today, so it may not fall to far.


14 posted on 07/16/2008 7:58:23 AM PDT by Perdogg
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To: Steely Tom

I’m not laughing, I think Pelosi and her ilk are the reason for the OPEC’s haughty “Get over it” and mocking us so that the American people could panic and “vote Bush and Republicans out”. Of course my tin foil hat didn’t fit well.


15 posted on 07/16/2008 7:58:36 AM PDT by autumnraine
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To: Conspiracy Guy

What happened to Lazamataz?


16 posted on 07/16/2008 7:59:56 AM PDT by nevergore ("It could be that the purpose of my life is simply to serve as a warning to others.")
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To: marbren

Closer to 13 years ago.


17 posted on 07/16/2008 8:00:16 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: nevergore

He got banned on May 30. Looks like this time for good. I miss him but he must have gone way over the top this time.


18 posted on 07/16/2008 8:02:40 AM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running. And FREE LAZAMATAZ)
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To: LexHoskin

When the speculators take the other side, and make oil race downward; I wonder how many people will be complaining about their affect on markets.

I won’t be. Push the snowball down the hill.


19 posted on 07/16/2008 8:02:42 AM PDT by HereInTheHeartland ("We have to drain the swamp" George Bush, September 2001)
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To: LexHoskin

Could it be tied to the talk in Congress re: speculators?


20 posted on 07/16/2008 8:03:05 AM PDT by sarasota
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