Comments on: Oil Prices Soar As Mideast Fighting Rages

Crude Ends Above $40 A Barrel As Death Toll Mounts In Oil-Rich Region

[dwmcgill]

Aren''t we just full of conspiracy theories today.

Speculation on oil futures are more likely based on OPEC''s previously stated 4 million barrel reduction / day. The unrest in Gaza makes it more likely that OPEC will actually do what it says.

Not very gripping, but likely closer to the truth.

[tawpdawg111]

...Israel obliterated symbols of Hamas power, with missiles striking next to the Hamas premier''s home...


Why would they blow up Hamas leaders next door neighbors place?

How friendly!

[tawpdawg111]

Somehow I doubt the Palestinians have been thrust onto ''''oil-rich'''' lands.

Nope....just speculators enriching themselves at our expense.

Probably the same fatcats that bought all those put options on airline stocks in the first week of September, 2001

[shanev137]

Neither country is a major oil producer. If prices are rising because of this, there''''s gouging going on.


Posted by greeneyes222 at 07:11 PM : Dec 29, 2008

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I''ll go with answer B....there''s price-fixing going on.

[dwmcgill]

slinginrich,

Nice to see the anti-semites represented. Israel has been warning of this action for quite awhile now, so you could have bet on oil futures if you wanted to.

[dwmcgill]

slinginrich,

Nice to see the anti-semites represented. Israel has been warning of this action for quite awhile now, so you could have bet on oil futures if you wanted to.

[dwmcgill]

morphndol8,
Are you using some kind of automatic translator package?

[dwmcgill]

morphndol8,
Are you using some kind of automatic translator package?

[dwmcgill]

Tincup,

You can buy those foreclosed homes too, not just the ''evil robber barons''of yore. Or perhaps, you could purchase a home from someone about to go bankrupt and save them that experience.

As in all downturns, there is opportunity to profit (I know...a truly evil word) and that opportunity will help restart the housing market faster than government bailouts.

[greeneyes222]

Neither country is a major oil producer. If prices are rising because of this, there''s gouging going on.