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Old 09-10-2008 | 01:36 PM
  #5  
weirdbiz
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From: Eagle FO, ERJ
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Originally Posted by jungle
That is just the sort of incorrect conclusion that is commonly derived from a politically driven agenda.
So is yours, I'm quite sure.

Originally Posted by jungle
Take a look at the actual mechanics of futures markets, this study concludes just the opposite of the CNN reported "study".

In defense of oil 'speculators' - Jun. 27, 2008

Will you also credit speculators with driving the price down?
First of all, that's not a study, that's a Fortune magazine article. The guy also CLEARLY has a political agenda, which you're against, and contradicts himself blatantly when he states that without speculators, people would be "decrying $200 oil instead of $135 oil" directly after saying that speculators have no effect.
And yes, the study here does credit speculators with driving the price down.

I'm absolutely positive that neither you nor I know for sure either way what the reality is, that's why I posted the link... as another bit to be considered. If you already have full possession of the absolute truth on all issues, then maybe you should wake up.
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