Oil, highest one day gain ever!

[goin on 4T]

Oil spikes $25 a barrel on anxiety over US bailout: Financial News - Yahoo! Finance

 

[digimon7068]

wtf does the "bailout" have to do with the price of oil. . .or the price of tea in china?? are the oil companies gonna bail the banks out?? gawddamn speculators. . .ought to shoot all you all!

 

[billfred]

wtf does the "bailout" have to do with the price of oil. . .or the price of tea in china?? are the oil companies gonna bail the banks out?? gawddamn speculators. . .ought to shoot all you all!

I think it is more a product of weaker dollar. They think we are going to sell lots of $$ to pay for the bailout. $ falls oil goes up so in real terms the producers get the same value.

 

[digimon7068]

I think it is more a product of weaker dollar. They think we are going to sell lots of $$ to pay for the bailout. $ falls oil goes up so in real terms the producers get the same value.

yeah. . .umm. . .that explains the consistent record-breaking profits quarter after quarter. . .

 

[Razorguns]

It fell back down $10 so it only rose $15.

r

 

[billfred]

yeah. . .umm. . .that explains the consistent record-breaking profits quarter after quarter. . .

Producers = State oil companies. Everyone needs to get used to the fact that big oil produces a small portion of the worlds oil. Your hatred is directed at the wrong people.

 

[gotmilk]

There were 60,000 short contracts that had to be closed out today.

Opening price tomorrow is around $108. Of course, more futures manipulation by noon time.

 

[billfred]

Some Southeast stations run out of gas; Ike blamed: Financial News - Yahoo! Finance

here is a little insult to injury. Refinery shut down + topping off tanks is causign shortages in the south.

 

[Arabian]

yeah. . .umm. . .that explains the consistent record-breaking profits quarter after quarter. . .

I agree with Digi... has nothing to do with oil...

 

[Razorguns]

Oil Price Worries > Iraq War, Terrorism, Communism, Healthcare, Drugs, Racism, Poverty, Illegal Immigration, Public School Education, VP's slutty daughters.

r