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To: GVnana

When, (not if)...gas at the pumps goes back to $$$$,
Congress will be scrambling around trying to reduce
prices.


7 posted on 02/01/2009 8:00:37 PM PST by cowdog77 ("Are there any men left in Washington, or are they all cowards!?-Ahmad Shah Massoud")
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To: cowdog77

In the last five years it has been reported oil futures went from $13 billion to $300 billion. In 2008 27 barrels were traded on the NY Mercantile exchange for every one barrel consumed in the US. Speculators and manipulators gave us $4/gal gas. Since margin requirements have been stiffened the price of gas has fallen. This was one aspect that lead to financial trouble. There were/is others. All combined to give us a royal screwing. I wont say this all was planned. But I’d sure like to find some who posted that I was wrong when I pointed the finger six months ago. Not so clever now, eh boys?


17 posted on 02/01/2009 8:57:12 PM PST by pankot
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