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      07-19-2006, 02:59 PM   #3
Scarabeo
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Blame the damn traders and their risk premium...beats the heck out of me, given that oil is such a strategic commodity, that we let a bunch of morons in New York and other markets set the price....this is where market forces need some kind of restraint....the only good thing is that as the higher the price goes, the more attractive alternative/renewable energy sources become..I hate to say it but the French got it right by building nuclear plants which now produce about 80 percent of their electricity...and this administration is just incapable of doing anything right....man, I can't even imagine what will happen to the US economy if the Middle East conflicts escalate and the supply from that region is shutdown....
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