$$ OIL closes at 3 Month Low ($64.37) -- WTF is gas 30% more B4 Katrina???

[cthrumatrix]

Crude futures close at three-week low By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- October crude fell $1.59, or 2.4%, to close at $64.37 a barrel in New York, its lowest level since Aug. 18 as the condition of production facilities in the Hurricane Katrina-ravaged Gulf of Mexico region continued to improve. October unleaded gasoline fell 1.6% to close at $2.0222 a gallon, its lowest in a week. October natural gas fell 3.9% to end at $11.20 per million British thermal units and October heating oil dropped 4.5% to end at a one-week low of $1.9623 a gallon.

http://www.marketwatch.com/news/newsfinder/pulseone.asp?guid=%7B9A78E266%2D251D%2D4A31%2DADB8%2DFF4625754609%7D&siteid=mktw


Hello ...do we have an eff'ing gov that gives a shit about people???

[miss_kitty]

1. Notice it'll never go down at the pumps

as fast as it went up.
:grr:

[jasmeel]

2. Maybe - check out this article from Rawstory

http://rawstory.com/news/2005/Group_Internal_memos_show_oil_companies_limited_refineries_to_drive_up__0907.html

The Foundation for Taxpayer and Consumer Rights (FTCR) today exposed internal oil company memos that show how the industry intentionally reduced domestic refining capacity to drive up profits, RAW STORY has learned.

The three internal memos from Mobil, Chevron and Texaco illustrate how the oil juggernauts reduced refining capacity and drove independent refiners out of business in an effort to increase prices. The highly confidential memos reveal a nationwide effort by American Petroleum Institute, the lobbying and research arm of the oil industry, to encourage major refiners to close their refineries in the mid-1990s.

[cthrumatrix]

3. where are the eff'ing Democratic Leaders ---- WTF is going on?

[Spazito]

4. That's because 26 countries are shipping oil to the US

which the bush admin will NOT admit to nor will the media report! Also, the order went out to lower the prices because bush is being hammered on the price of gas and the oil companies KNOW they need a republican government if they want to keep gouging the public.

Edited to add link:

http://www.washingtonpost.com/wp-dyn/content/article/2005/09/02/AR2005090202497.html

[cthrumatrix]

5. where is Dr. Dean ...where is our Leadership ???????????????????