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Old 07-12-2008 | 06:41 AM
  #48  
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Superpilot92
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From: Guppy Commander
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Originally Posted by bbtp
the "promise" of high wages was evaporating long before the price of oil boomed. the dramatic rise in the price of oil has only accelerated what was already happening. it's nice to be able to blame someone, but in this case, blaming the speculators is blaming ghosts.
So just to be clear here, You are saying Speculation has NO effect on the spike in oil prices?
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