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Old 06-06-2008, 11:27 AM
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Default Oil rises jump almost $7, closing in on record

Here we go.

Oil rises jump almost $7, closing in on record - Yahoo! News
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Old 06-06-2008, 11:31 AM
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Default Re: Oil rises jump almost $7, closing in on record

Well first they went down some or it wouldn't take a $7 increase to get it back to "nearing" the record. It jumped back because a Morgan Stanley "expert" SAID it should. Thank You Morgan Stanley .
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Old 06-06-2008, 11:44 AM
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Default Re: Oil rises jump almost $7, closing in on record

It's been over a month and we're still waiting on Pelosi...

House GOP challenges Pelosi for gas price plan

Quote:
House Republican leaders on Tuesday challenged Speaker Nancy Pelosi (D-Calif.) to release a plan to lower gas prices that they say Democrats touted when they were in the minority.

Two years ago this week, you stated that House Democrats had a ‘commonsense plan’ to ‘lower gas prices,’ ” the letter said. “In light of the skyrocketing gasoline prices affecting working families and every sector of our struggling economy, we are writing today to respectfully request that you reveal this ‘commonsense plan’ so we can begin work on responsible solutions to help ease this strain.”...

...In a press release dated April 24, 2006, Pelosi said, “Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.” The letter cited policies put in place during the GOP control of Congress that the Speaker claimed had raised prices on American consumers to benefit oil companies.

The House GOP leaders’ letter points out that the price of gasoline has spiked $1.18 since Democrats took over in January and stands at $3.51.

“Once a nightmare scenario, $4 gasoline is now a very real possibility of becoming a summer staple,” the letter stated. “In some cities, including San Francisco and Chicago, it is already a startling reality.”

Pelosi’s office did not respond immediately for comment.
Maybe the plan is in the backyard under a foot of soil next to Nixon's plan to get us out of Vietnam...
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Old 06-06-2008, 12:19 PM
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Default Re: Oil rises jump almost $7, closing in on record

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It's been over a month and we're still waiting on Pelosi...

House GOP challenges Pelosi for gas price plan

Maybe the plan is in the backyard under a foot of soil next to Nixon's plan to get us out of Vietnam...
LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOL
Why wait? She isn't going to do a thing but buy more stocks.
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Old 06-06-2008, 12:24 PM
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"Do you believe in life after death?" the boss asked one of his employees."Yes, Sir." the new recruit replied."Well, then, that makes everything just fine," the boss went on. "After you left early yesterday to go to your grandmother's funeral, she stopped in to see you. ----------------------------------Looking to buy wow gold? Do you look for cheap wow gold? Welcome to our website:1.wow gold,2.wow gold,3.wow gold,4.wow gold,5.wow gold.
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But I get my gold stock by trading on the market. But I do have a lot of Gold jewlery from my deceased wife I am willing to sell if I get the right price. Quality stuff.
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Old 06-06-2008, 01:23 PM
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Default Re: Oil rises jump almost $7, closing in on record

I hope someone thinks of something. Its obvious the Republicans are clueless about what to do. Bush has a plan? The Energy dept?

Here is a bio of the head of the Dept. of Energy. You have all day to point to his previous experience in energy. He is a venture capitalist. He knows nothing about energy. But isn't that they way it is with most of the Bush appointees.

Samuel W. Bodman, Secretary of Energy
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Old 06-06-2008, 06:24 PM
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Default Re: Oil rises jump almost $7, closing in on record

Some retailers are already adjusting their prices. We got a message to fuel up the Eighteen wheeler before midnight if possible!
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Old 06-06-2008, 06:26 PM
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Default Re: Oil rises jump almost $7, closing in on record

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Originally Posted by Mikeyy View Post
I hope someone thinks of something. Its obvious the Republicans are clueless about what to do. Bush has a plan? The Energy dept?

Here is a bio of the head of the Dept. of Energy. You have all day to point to his previous experience in energy. He is a venture capitalist. He knows nothing about energy. But isn't that they way it is with most of the Bush appointees.

Samuel W. Bodman, Secretary of Energy
Bush weighs new measures to help stimulate economy - Yahoo! News

WASHINGTON - President Bush is considering new measures to help stimulate the battered economy, the White House said Friday as unemployment and oil prices soared and Wall Street sank.
White House counselor Ed Gillespie said Bush's advisers are constantly looking at options for new economic proposals.

"There's a short window for the president here when it comes to new policy. We understand that," Gillespie said. "So I guess what I'm saying is, don't rule it out."


Looks like someone else is worried too.
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Old 06-06-2008, 06:32 PM
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Default Re: Oil rises jump almost $7, closing in on record

I can make oil prices go down. Really. All I have to do is invest about $100,000 in oil. And it will drop like a rock. I have the same effect on the stock market. I once pulled all the shingles off of my house. And it rained for six weeks.
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Old 06-06-2008, 07:30 PM
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Default Re: Oil rises jump almost $7, closing in on record

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I can make oil prices go down. Really. All I have to do is invest about $100,000 in oil. And it will drop like a rock. I have the same effect on the stock market. I once pulled all the shingles off of my house. And it rained for six weeks.
You and me both.
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