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Published on MyClaySun.com (http://myclaysun.com)

Oil

By clayviewpoint
Created Jun 6 2008 - 2:08pm

I know, I know I just have to ask.  This past Monday the 2nd of June oil fell 7 bucks a barrel followed by 3 or 4 bucks on Tuesday.  Wednesday and Thursday another little gain day and then suddenly today with the unemployment figures annouced BOOM up it goes 8 bucks to new records.  How is unemployment related to supply and demand? I'm thinking less demand since more people out of work.  This is why in my opinion this crap is totally gauging and price manipulation. 

 

I'm waiting because I know I'm in for the "Economy 101" lecture again.  I really don't want to hear it.  I want the truth out and this crap to stop lining the pockets of people doing things that the SEC said they are not supposed to be doing.


Source URL:
http://myclaysun.com/node/3675