Monday, September 17, 2007

Crude Soars to New Record

Crude Soars to New Record

and meanwhile...

Posted by whiteknight @ 11:56 PM (702 views)
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6 thoughts on “Crude Soars to New Record

  • Muhuhahahahaha!

    Higher oil prices leads to unexpected losses by Hedge Funds in other areas
    Other unexpected losses further drive down certain asset classes.
    The vicious merry-go-ground continues with positive feedback, spiraling into Armageddon.
    No one is safe……

    We need ways to be more efficient.

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  • Whatever gestures the central banks may make over interest rates in the short term, the march of inflation will push them all back up again – and higher..

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  • Oil at record high, and yet petrol prices around here seem to be going down at the moment.
    As far as I’m aware, the September inflation figure is used to decide the increase in pensions for the following year.
    Surely things can’t be manipulated that much…

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  • inflation at lowest since march 2006, in order to justify a rate cut.

    oil prices up.

    must be manipulation.

    Perhaps champagne has fallen in price? That must be it! Phew – we’re all saved from the ravages of inflation.

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  • planning4acrash says:

    Well, oil will feed in, but it takes time. This points towards booming CPI between January and May. Expect CPI above 3% just after Christmas.

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  • In the past, the pump prices of petrol went up as soon as the oil price did (and then took a while to come back down when the crude price fell). It would be very convenient for the statistics if the petrol price did not go up until next month, wouldn’t it?

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