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Funny how these oil prices rise sharply after a fall. [View All]

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wetbandit2003 Donating Member (89 posts) Send PM | Profile | Ignore Thu Mar-31-05 01:51 PM
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Funny how these oil prices rise sharply after a fall.
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It seems rather odd to me that when there is a significant drop in
oil prices, like yesterday due to the unexpected rise in US crude inventory, the price usually goes right back up again. Goldman Sach's
asinine comment about oil spiking to $105 Pbd to me is a ploy to cause another rally to raise the prices on oil. Why? Because they are an investment firm. Make oil futures look really attractive for the lemmings to buy up. This oil so-called oil shortage is ficticious and the greed is costing us all,,,High gasoline prices, Higher taxes because of increase in costs to fuel up fire trucs and police cars and increase in the price of consumer goods....But what does Big oil and Goldman sachs care,,,,,The CEO's there make Millions per year in bonuses alone...Right? Right....
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