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Posts: 2500
Member Since: 02/24/06
05/20/11 12:44 AM
robkelk wrote: Dartz wrote: The speculators on Wall street driving up the price of a barrel of oil by taking consistently long positions without bothering to go short?What is it, $5 a gallon in the States now, of which 46c goes to ye're government and 7c goes to the garage. Where's the other 4:50 go?Drillers, tanker operators, refiners, and all the other middlemen.(And it's just above $5 a gallon in Canada - about $1.25 per litre, depending on where you are and which fuel station you patronize. It's cheaper in the States.)
Dartz wrote: The speculators on Wall street driving up the price of a barrel of oil by taking consistently long positions without bothering to go short?What is it, $5 a gallon in the States now, of which 46c goes to ye're government and 7c goes to the garage. Where's the other 4:50 go?
___________________________"Why is it called tourist season if we aren't allowed to hunt them?" - George Carlin
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