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Analyst: Oil Prices Inflated by 50%

Well, now that speculartors have gone, so as your gasoline. Refiners are the biggest losers on the speculator blame-game. I feel no sorry for your guys paying $4+ a gallon. See what Petro Canada just said about the costs their oil sand projects. It's true the current barrel is cheaply produced but tomorrow's oil is the problem. I'm sorry, Wall Street does not look beyond one week, at best the next quarter.