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Old 07-15-2008, 08:12 AM   #1
kenny
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Oil falls $9 in 5 minutes

lol,

its jerking around violently.
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Old 07-15-2008, 08:17 AM   #2
96ukssob
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Originally Posted by kenny View Post
lol,

its jerking around violently.
$9 is about a 6% change... nothing much, but even if it dropped by $20 dollars today, gas prices would probably still go up
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Old 07-15-2008, 08:21 AM   #3
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$9 is about a 6% change... nothing much, but even if it dropped by $20 dollars today, gas prices would probably still go up

commodities aren't suppose to zigzag like this
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Old 07-15-2008, 08:22 AM   #4
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$9 is about a 6% change... nothing much, but even if it dropped by $20 dollars today, gas prices would probably still go up
you have no idea
$9 is a lot
way volatile
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Old 07-15-2008, 08:24 AM   #5
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$9 is about a 6% change... nothing much, but even if it dropped by $20 dollars today, gas prices would probably still go up
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Old 07-15-2008, 08:30 AM   #6
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well.... hello!? why do you think Bush is announcing opening up offshore drilling? it has less to do with oil supply than it does fucking with speculators to drive the price back down
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Old 07-15-2008, 09:55 AM   #7
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The bubble is about to burst
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Old 07-15-2008, 01:40 PM   #8
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$9 is about a 6% change... nothing much
Nothing Much? Oil was down $7/barrel at the end of the day which is the biggest one day drop in 17 years.
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Old 07-15-2008, 01:41 PM   #9
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well.... hello!? why do you think Bush is announcing opening up offshore drilling? it has less to do with oil supply than it does fucking with speculators to drive the price back down
exactly - while offshore drilling may never come to fruition the possibility of it will bring the price of oil down.
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