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Originally Posted by Rupert Pupkin
We have much more control over interest rates than oil prices. The Fed can raise or lower the federal funds rate as they please. That's pretty significant.
There is pretty much nothing we can do to affect oil prices. I guess we could call some of the OPEC members and beg them to lower their prices. This has never worked in the past.
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No, it sure hasn't. They know that no matter what, we're going to purchase it, so why would they want to lower the prices? LOL