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| Subject: But you said "You lefties and your allies won't let them build any!!!!!" http://www.voy.com/60108/19824.html | |
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Author: Mo' Green |
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Date Posted: 10:40:37 04/12/07 Thu In reply to: Oropan 's message, "Re: The point is your evidence proves oil cos own memos that they were conspiring to restrict supply" on 10:15:56 04/12/07 Thu So were you lying then or just igorant? BTW, none of your examples below are from oligopolies like oil that are subject to anti-trust considerations. So to answer your question; No it's not like any of those situations. >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=D8OEI >G >>M >>>G >>>>2 >>>>>&show_article=1">http://www.breitbart.com/article.p >h >>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 >a >>> >>>>>> >>>>>>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 ] |
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| Re: But you said "You lefties and your allies won't let them build any!!!!!" http://www.voy.com/60108/19824.html | Oropan | 11:21:31 04/12/07 Thu |