[Homestead] Raising gas prices

Don Bowen don.bowen at earthlink.net
Fri Nov 10 10:55:35 EST 2006


At 11/9/2006, you wrote:

>I scoffed at the idea of "them" lowering gas prices just to make
>things better before the election, now I find myself wondering.

I originally thought they may be manipulating prices for the election then 
looked into the matter a big.  Demand for oil is slipping a bit after the 
summer drive season, China is slowing a bit as is the rest of the world, no 
major hurricanes affected Gulf oil pumps and refineries, and oil storage 
stocks were up.  As collaboration other indicators such as copper have slipped.

Now that the election has passed oil is once again over $60 and headed up 
so I guess they were manipulated for political gain though thankfully it 
did little good.  Gold and silver are headed up, aluminum is steady, and 
copper is headed down.  Copper is used in many things from printed circuit 
boards to house wiring.  As the economy cools demand is cooling rapidly, 
copper was well over $3.80 this summer and now it is down to $3.12.  Gold 
was down to about $560 a month ago and is now $630


Don Bowen              Awl Knotted Up                       KI6DIU
http://www.braingarage.com
My travel journal
http://www.braingarage.com/Dons/Travels/journal/Journal.html

I am omnivagant.  


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