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Why Oil Could Top $100 a Barrel

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Karl Nov 12, 2010 3:13 PM GMT Fact: The USA consumes about 20 Million barrels of oil each day. If the price of a barrel of oil can be 'manipulated' by only $10 a barrel, it means that the manipulators realize an additional $200 Million per day in profits. Fact: The price of a barrel of oil was $35.18 on December 25th, 2008. Just 'Google' this- THERE IS NO GAS SHORTAGE, and go to the BusinessWeek article and read the only comment posted on December 25th, 2008, and it is posted in that comment. Fact: The price of a barrel of oil has more than doubled since December 25th, 2008. Thank You
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Karl Nov 12, 2010 1:30 PM GMT The price of a barrel of oil will go over $100 because this is the way that the ones who control the governments of Europe & the USA will attempt to sustain these countries by 'secretly taxing' the masses in hopes that things will get better in the future. Guess what? Higher oil prices equals higher gasoline prices, higher diesel fuel prices, higher food prices, higher airline ticket prices, more foreclosures, more college loan defaults, more credit card defaults........................... & many more problems for the USA & Europe, in my opinion. Anyone can 'Google' this- DID SPECULATION FUEL OIL PRICE SWINGS, and watch the 60 Minutes segment on the web. It looks like we can all thank Goldman Sachs, Morgan Stanley, JP Morgan Chase, Barclays, & a host of others for the higher price of oil. (They also control the governments of Europe & the USA, in my opinion.) P.S. Don't forget to 'Google' this- WHO OWNS THE FED?, and go to the site with the 5 charts to see who the supreme bosses of the USA & Europe are, in my opinion. Thank You
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wowlfie Nov 12, 2010 1:11 PM GMT Here we go again. Price fixing maniacs versus the people.
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Kw Nov 12, 2010 12:20 PM GMT This might derail the economy even further and not only affect the US but put a lid on growth in the emerging markets which are sensitive to crude oil prices and currency moves.
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DanTe Nov 12, 2010 10:52 AM GMT HA! I know I'm on the right track when fascist turds like dutch/DanTeDooshBag advocates censorship. Freedom of speech only applies when the people agrees with you, huh? Pathetic turds.
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DanTeDooshBag Nov 12, 2010 10:16 AM GMT Someone should ban this DanTe Jacka$$ - he is a cretin.
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Dutch Nov 12, 2010 9:23 AM GMT I was born with a silver spoon in my mouth.
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DanTe Nov 12, 2010 8:26 AM GMT "Dutch" never borrowed money. It's either a lying turd or a little boy still in mommy's basement.
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Andy Nov 12, 2010 8:22 AM GMT Fundamentals matter when it comes to the futures markets???? Thanks for the morning laugh Sarah.
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Mengmeng Wu Nov 12, 2010 7:38 AM GMT In china,the government rised the price of gasoline and diseloil last month.In some petrostations，fuel charging is limited to given quantity .Some truck drivers didn't get enough oil even they decided to pay more money for the oil.Based on the above situation,I believe that the price of oil will get to 100 dollars a barrel in the years to come.
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