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2007-02-06 Home Front Economy

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Posted by Fred 2007-02-06 00:00|| || Front Page|| [5 views since 2007-05-07] Top

#1 dang, and we were just under $2.00 a gallon of gas.

Posted by Anon4021 2007-02-06 11:12|| 2007-02-06 11:12|| Front Page Top

#2 Damn, that's a 20% rise per barrel in about 2 weeks! There's a lot of financial manipulation of the oil market going on, it's not just supply & demand that influences the price per barrel.
OTOH, notice the following chart:

Getting flat towards the end of 2006, even with the record high prices of last year. $59 a barrel is probably cheap!

Posted by Anguper Hupomosing9418 2007-02-06 11:35|| 2007-02-06 11:35|| Front Page Top

#3 Are people getting nervous that something is going to happen to Iranian production in the near term?

Posted by trailing wife 2007-02-06 12:29|| 2007-02-06 12:29|| Front Page Top

#4 I mean the oil futures people, of course. Most of us are hoping that something will happen to Iran in the near term, which mostly likely will affect its oil exports.

Posted by trailing wife 2007-02-06 17:51|| 2007-02-06 17:51|| Front Page Top

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