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malaise

(268,844 posts)
Wed May 30, 2012, 03:51 PM May 2012

Bill Maher once said that

Obama will fuck you up!

Well lookie lookie!

http://money.cnn.com/2012/05/30/investing/oil_prices/
<snip>
The price of oil dropped below $88 a barrel Wednesday, hitting a seven-month low, as fiscal worries in Europe sparked a broad sell-off across markets.

In New York, oil prices finished at $87.49 a barrel, down $2.94, or 3.2%, from Tuesday. It was the lowest closing price for crude since Oct. 21.

Spain was the main culprit Wednesday, with the European Central Bank saying that even if it had been consulted about Bankia's recapitalization plan, the ECB and eurozone central banks could not assist. Bankia, Spain's fourth-largest bank, requested €19 billion in aid last Friday.

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O notice that BlindNN is not mentioning the increase in stockpiling by 9 million barrels, the largest weekly increase in more than three years or the reduction in tension with Iran.

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Bill Maher once said that (Original Post) malaise May 2012 OP
Fox already circulated their talking points on this a few weeks ago as gas prices began falling Cali_Democrat May 2012 #1
And The Price of A Barrel Of Oil Has No Direct... rsmith6621 May 2012 #2
 

Cali_Democrat

(30,439 posts)
1. Fox already circulated their talking points on this a few weeks ago as gas prices began falling
Wed May 30, 2012, 03:55 PM
May 2012

Essentially they're now saying falling gas prices are bad:

http://mediamatters.org/blog/201205090010

Did you get that? Rising gas prices are bad and falling gas prices are bad. Either way, it's bad.

rsmith6621

(6,942 posts)
2. And The Price of A Barrel Of Oil Has No Direct...
Wed May 30, 2012, 03:57 PM
May 2012


...reflection on the cost of a gallon of gas as we on the west coast have found out in the past weeks.

The oil company's are GOUGING us out here on the frontier. The Oil Company's are part of the modern day bank robbers right in there with BANKS.
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