[xbarretx]

Oil and its price are a conspiracy. once our war in the middle east ends with the U.S. leaving due to a LARGE recession back home. there will be about a 1 month period where new flutters out stating more and more instability causing prices to stay high then data (fundimentals) will continue to show that people are buying less.

were literatly shooting ourselfs in the foot in regards to those bogus reserve supply reports.

how is it gas supplies are rising while oil supplies are falling????? i can promise you that a significant increase in refining compacity isnt the culprit (sp?) its the fact that because of SPECULATION, we are selling off our oil and making money. this is because the price of oil will drop and its cheaper to buy it back again. simple economics however, doing this continues to keep prices high b/c everyone (speculators) thinks oh no less oil mean DEMAND must be rising... sorry throwing the BS card!

let oil rise all it wants, the higher it gets the closer it gets to being worthless. we know a recession is comming (or already here) so let it all happen at once and get the dumb oil bubble to burst. kick Bernanke out and put someone in there who has better ideas to stimulate an economy with fiscal policy other than CONSTANT CASH INJECTIONS OF CHEAP MONEY!!!!!!!!!!!!!!!!!!!!!!!!!! thus causing further decay of the greenback.