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Thought on Oil
posted on
Aug 20, 2008 08:10AM
Huge increase: Why?
I do remember the 70's; had to by gas then to. With prices high I bought a gerry can to fill up when prices came down for a moment. You could say I bloated my inventory to avoid the next spike up. I suspect this is what happened today. Oil was cheap last week. If they were not worried why buy so much? Consider; the pundents say the levels are around +/- 5% of normal levels.
