Gas/oil prices could fall much more

Parent Cafe
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<p>Includes explanation of the basic economic factors for Mini and other conspiracy hounds.</p>

<p><a href=“http://seattletimes.nwsource.com/html/businesstechnology/2003257679_oilconsumers14.html[/url]”>http://seattletimes.nwsource.com/html/businesstechnology/2003257679_oilconsumers14.html&lt;/a&gt;&lt;/p&gt;

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<p>What conspiracy are you talking about? I don’t see ANY conspiracy. Never have. I see folks out there makin’ money: Texans, Iranians, Russians, Venezuelans, my pension fund, Goldman-Sachs. Conspiracy assumes there is something to hide. I don’t think there is anyone who cares enough from which corporate socialism has to hide anything. That’s the legacy of neo-liberalism.</p>

<p>So let me hear about this “supposed” conspiracy, please. What do you like - Iranians sell extra oil to bring down the price of gas to re-elect Dumbya’s henchmen?</p>

<p>I think you’ve got me confused with someone else, or is that a conspiracy, too? ;)</p>

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<p>On the gas thread you only mention GS as if they had some corner on the market. Sorry if I misunderstood. Others implied even more sinister plots but their screen names were too long to remember.</p>

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<p>Excellent news.</p>

<p>I heard yesterday $1.75/gal by Thanksgiving. This impact will ripple throughout the economy and beyond. If Iran comes to the table, more positive results could be seen.</p>

<p>Of course, the conspiracy buffs will say ‘Bush did it to keep his cronies in power’. He ain’t that smart, nor that powerful. He’s just lucky - this time.</p>

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<p>More good news–Iowa is now under $2/gallon and the inflation numbers are better.</p>

<p><a href=“Yahoo Finance - Stock Market Live, Quotes, Business & Finance News”>Yahoo Finance - Stock Market Live, Quotes, Business & Finance News;

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<p>Cheapest gas in my town is $2.54/gal. Here’s hoping for the big drop!</p>

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<p>has desiel gone down?</p>

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<p>Just wait few weeks, the Iranians would prick Bush , he in turn would open his mouth, that in turn would send jitters to world energy market and the speculators would have field day.</p>

<p>If you haven’t figured out this game by now, you should not call yourself republican.</p>

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<p>Yes but not as much.<br>
The fundamentals matter more than anything anyone says in the shortrun. Stocks are up, supply lines are full, and some threats on weather and the Alaska supplies did not happen and are now moot.</p>

<p><a href=“http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp[/url]”>http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp&lt;/a&gt;&lt;/p&gt;

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<p>Wouldn’t Desiel be a better indicator? At one point it was cheaper than reg. Then it jumped up, but as I thought hasn’t gone down proportionally. It does make you wonder how the stars alligned going into elections. </p>

<p>It’s not like anyone in energy ever manipulated production before? ENRON anyone? So forgive me for being a bit of a skeptic on this one.</p>

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<p>They have added new regs to Diesel for low sulpher that make it harder to produce and maybe a little scarce. It has been higher than reg gas for several years.</p>