Are we to be conditioned that anytime someones farts, the weather craps out, a storm is brewing, that the omni-present fear-factor should be brought into play as to why something rises and falls? Seems to work in decieving the masses, like the past 5 years how the real-estate market went hyper-inflated, and all for the greater good...
http://money.cnn.com/2006/08/28/markets/oil.reut/index.htm?cnn=yes
2006-08-28 04:12:35 · 3 answers · asked by Anonymous in Business & Finance ➔ Corporations
Because Iran and the stregth of a hurricane in the gulf directly affect the supply of refined crude products to the US -(through crude production and refining/jackup rigs in the Gulf).
These are two of the more realistic worries for short term oil prices that I've seen used to scare people.
2006-08-28 16:31:10 · answer #1 · answered by Shofix 4 · 0⤊ 0⤋
The potential impact of a gulf hurricane on US oil refining capacity is real and quantifiable. It's not like counting mouse farts in Madagascar. So, no, it's not baseless sensationalism.
2006-08-28 11:21:10 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Honey it is just another way to make you flip the channel and go move your body or do something more usefull than watching the news
you have the control not me
2006-08-28 11:18:52 · answer #3 · answered by anna 2 · 0⤊ 0⤋