oil is down today because of Japan tsunami. - Striper Talk Striped Bass Fishing, Surfcasting, Boating

fishpoopoo · 03-11-2011, 08:51 AM

Japan is 5% of global consumption.

Tsunami was a big one. Japanese factories and refineries = shut down.

That's why oil is down.

Nebe · 03-11-2011, 11:36 AM

Quote:

Originally Posted by fishpoopoo

Japan is 5% of global consumption.

Tsunami was a big one. Japanese factories and refineries = shut down.

That's why oil is down.

just shows that its all rigged... Japan's event was completely by surprise. no one could plan for it to happen..

am i missing something here?

LT. DAN 2 · 03-12-2011, 07:44 AM

Nebe,

You're not missing anything..you've got it exactly right. It will get worse B4 it gets resolved. More people are realizing they are helpless in a market that has been so corrupt with regulatory agencies turning away from correcting the situation.
Big Oil runs the energy markets and corrupt financial firms with the help of gov't keeps money in the hands of the rich and slowly steals it from the middle class to send them further down the economic scale.

BigFish · 03-12-2011, 07:47 AM

Oil is down....gas prices are not! So who gives a crap! Funny gas prices go up with the price of oil immediately on the rise but never drops in the same way.....I find that quite curious??? Because I know someone somewhere is stuffing it up our ass!!!!!

BigFish · 03-12-2011, 07:48 AM

LT Dan I could not have put it better myself!

Raider Ronnie · 03-12-2011, 09:21 AM

It's all Bush's fault.
Oh wait, he's not president anymore !

LT. DAN 2 · 03-12-2011, 10:37 AM

Based on the price of food and fuel of late....

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

—John Maynard Keynes, Economic Consequences of Peace