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Posted by: jmopinion 1 year, 4 months ago

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    jmopinion1 year, 4 months ago

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    $200 per barrel would be a catastrophic collapse of world markets imo.

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      RichFatCat1 year, 4 months ago

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      Not enough quick profit in $200 by the end of the year. The plan is for $250 by Labor Day with $400 by the end of the year. There will be some, ah, er, "weather related" refinerery closings as well as some "accidents" that will cause a "temporary disruption of supply" to facilitate this. Hurricane season is coming!

      The beauty of the plan is that in repairing the damage from these "accidents" we can modernize some of our refineries at somebody's elses expense.

      McCain will shortly announce some "incentives" for American oil companies to "improve distribution and supply to lower prices." The suckers will lap this up, he'll get votes, but prices will continue to rise because of "unexpected" factors or "increased Chinese demand." We'll pocked McCain's taxpayer money and make another killing in profits due to higher prices.

      Don't take it personally, It's just business.

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        Teech1 year, 4 months ago

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        Doesn't look good for us working stiffs.

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