Friday, December 05, 2008
I NEVER NEVER NEVER NEVER
..want to hear again how the oil companies are conspiring to rip off the people with high gas prices. If these prices do not fully display how supply and demand works I do not know what ever will. The first person who mentions after gas prices go back up that oil companies are evil and trying to rip us off needs to be taken out back and shot.
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4 comments:
Yep, aren't recessions great?
The price drop isn't beacuse of supply and demand, the price drop is because speculators who used to think that gas would keep getting more and more valuable now think that it's going to get replaced by alternative fuel sources. Just one of the many benefits of electing a democrat. (Admittedly, the recession helps by making people demand fuel-efficient cars)
Tell me your joking so I can laugh. Is there a new market that has exploded that I am not aware of where a shit load of people want to buy fuel efficient cars? If so why are the big three worried right now? Just make fuel efficient cars because according to darwin there is a huge market out there that is causing the gas prices to drop.
They must not be dropping because people are concerned about money right now and are driving less. Therefore causing a reduction in demand of oil.
Do you understand the difference between things that are happening right now and the speculator market? Oil prices in this country are primarily based on the speculation market; actual daily demand hasn't changed enough to justify a 50% price drop in 2 months, it's the money market panicing and ditching their rosy long-term evaluations of the oil market.
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