so mi hear one guy a talk bout how the US and its allies manipulated the oil market pusing the price high to slow down the chinese economy and now dem push the price low the reign in Russia and Venezuela
Oil price manipulation
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Re: Oil price manipulation
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Skelli0n</div><div class="ubbcode-body">how dat slow down chinese and russia? by slowing down imports? </div></div> china is highly dependent on oil imports ..the high prices force up their costs making them not as competitive slowing exports thus slowing the economic growth.
Russia was getting very powerful based on its oil wealth...low prices curb that.When its hot in the jungle of peace I go swimming in the ocean of love.....
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Re: Oil price manipulation
thanks rich;
i did a thread about this a while back;
very fishy how the price was so high wha day and then so low another day...very fishy;
i didn't buy the stock explanation about 'less demand' caused the prices to drop
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Re: Oil price manipulation
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Wahalla</div><div class="ubbcode-body">I beleive is a quote from the Koran.."only allah can control the price in a market" </div></div> some think they are allah.....When its hot in the jungle of peace I go swimming in the ocean of love.....
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Re: Oil price manipulation
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">so mi hear one guy a talk bout how the US and its allies manipulated the oil market pusing the price high to slow down the chinese economy and now dem push the price low the reign in Russia and Venezuela </div></div>
too simple xxxplanation. yu eva tink dat awl diss talk bout big investment inn green energy force de price dunn. lower ile prices mekk bigg investment inn green energee cast prohibitted
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Re: Oil price manipulation
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">so what pushed the price up? Misjudging the market? </div></div>
greed, declininn reserves ann enron philosopeee
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Re: Oil price manipulation
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">so what pushed the price up? Misjudging the market? </div></div>
greed, declininn reserves ann enron philosopeee </div></div>
so which of those has changed since summer?When its hot in the jungle of peace I go swimming in the ocean of love.....
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Re: Oil price manipulation
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">so what pushed the price up? Misjudging the market? </div></div>
greed, declininn reserves ann enron philosopeee </div></div>
so which of those has changed since summer? </div></div>
greed
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interesting
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