Mike,
I wonder if it has to do with the fact that more and more of our oil 
comes from domestic sources??
Thanks,
Jeff Kubler
At 04:35 PM 7/24/2008, Mike Church wrote:
>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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Jeff Kubler
Kubler Consulting, Inc.
541-745-7457
[log in to unmask]
www.kublerconsulting.com

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