Let me rephrase that. 

Why does the same barrel of oil change hands 40 (forty) times, while two
years ago it was 5 (five)?

The price really dropped when they started investigating firms for
speculation - Enron style.... :-) 

mc

Mike Church


-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On Behalf
Of Brice Yokem
Sent: Thursday, July 24, 2008 4:25 PM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: Oil prices, and is it a conspiracy of sorts?

<Snip>
>So my friends, why so much buying and selling of such a limited commodity
>over and over again driving the volume, and the price, through the roof?
<Snip>

This is because the people buying anticipate higher oil prices in the
future.
This is also why the price dipped when the talk about drilling sounded
serious.

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