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| Subject: Re: The point is your evidence proves oil cos own memos that they were conspiring to restrict supply | |
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Author: Oropan |
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Date Posted: 10:15:56 04/12/07 Thu In reply to: Mo' Green 's message, "The point is your evidence proves oil cos own memos that they were conspiring to restrict supply" on 09:13:58 04/12/07 Thu Is that kinda like farmers holding corn off the market to raise the price? Or union members striking to raise their pay? Or workers working slowly to get overtime pay? Or naked short selling of a stock to drive it's price down? Or political operatives spreading lies about their oppoents to scare votes away from them? Or only making so many of a popular toy at Christmas time to inflate it's price? And so on and so forth! >to drive up prices. Read the documents. > >BTW, I made no claim whatsoever "there was no lower >supply of gasoline". So you're lying again. I >thought you were supposed to be setting us straight. > >>You and especially bev claimed that there was no lower >>supply of gasoline and the price was only going up due >>to some nafarious actions of oil companies. >>My post debunked that nonsense thinking. >> >> >> >> >> >> >> >> >> >>>>"While the Fed minutes were bad enough news for the >>>>market, they followed the government's report of a >>5.5 >>>>million-barrel decline in the nation's gasoline >>>>inventories—four times what the market expected, and >>>>the ninth straight weekly drop. Gasoline futures >rose >>>>more than 3 cents to $2.1552 a gallon on the New >York >>>>Mercantile Exchange after the report, with traders >>>>concerned about supplies ahead of the peak driving >>>>season. >>>> >>>>The average U.S. retail price of a gallon of >gasoline >>>>was $2.795 on Wednesday, according to AAA, up more >>>>than 25 cents from a month ago and 10 cents higher >>>>than a year ago." >>>> >>>>href="http://www.breitbart.com/article.php?id=D8OEIG >M >>G >>>2 >>>>&show_article=1">http://www.breitbart.com/article.ph >p >>? >>>i >>>>d=D8OEIGMG2&show_article=1 >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>>> >>>>>href="http://www.oilwatchdog.org/articles/?storyId= >4 >>0 >>>1 >>>>8 >>>>>&topicId=8055&topicId=8070">http://www.oilwatchdog. >o >>r >>>g >>>>/ >>>>>articles/?storyId=4018&topicId=8055&topicId=8070 >> >>>>> >>>>>Three internal memos from Mobil, Chevron, and >Texaco >>>>>show different ways the oil giants closed down >>>>>refining capacity and drove independent refiners >out >>>>>of business since the mid 1990s. The confidential >>>>>memos, made public by US Senator Ron Wyden, >>>>>demonstrate a nationwide effort by American >>Petroleum >>>>>Institute, the lobbying and research arm of the oil >>>>>industry, to encourage the major refiners to close >>>>>their refineries in the mid-1990s in order to raise >>>>>the price at the pump. Here's the original news >>>>>release. Memos themselves below. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| But you said "You lefties and your allies won't let them build any!!!!!" http://www.voy.com/60108/19824.html | Mo' Green | 10:40:37 04/12/07 Thu |
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