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<blockquote data-quote="Jogeephus" data-source="post: 637026" data-attributes="member: 4362"><p>Do you really think we were having an oil shortage? I don't. This is the explanation that I was given and it sounds plausible to me. Stock market was going to he77. People pulled money out. Invested in oil. Tons of money flowed into oil thus driving the prices up thus further crippling the economy. People raised cain. Bush asks Opec to up production. Opec sees that there is plenty of oil and these unrealistic prices are being driven by commodity brokers who are producing nothing but paper and getting rich for it. Political pressure is put on them and they back off and prices go down. </p><p></p><p>As for sending someone a check, I don't know who I'd send it to. I'm working on my taxes and it appears I'll be sending them a pretty nice one so they can bail out these people who create these problems. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /></p></blockquote><p></p>
[QUOTE="Jogeephus, post: 637026, member: 4362"] Do you really think we were having an oil shortage? I don't. This is the explanation that I was given and it sounds plausible to me. Stock market was going to he77. People pulled money out. Invested in oil. Tons of money flowed into oil thus driving the prices up thus further crippling the economy. People raised cain. Bush asks Opec to up production. Opec sees that there is plenty of oil and these unrealistic prices are being driven by commodity brokers who are producing nothing but paper and getting rich for it. Political pressure is put on them and they back off and prices go down. As for sending someone a check, I don't know who I'd send it to. I'm working on my taxes and it appears I'll be sending them a pretty nice one so they can bail out these people who create these problems. :mad: [/QUOTE]
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