Originally posted by: jpeyton
It's an election year. Every little psychological boost helps, even if it's giving the American people cheaper gas for a few months.
Remember that the oil companies have a whole f*****g lot on the line this November as well. Exxon has been buying obscene amounts of ad time on networks to advertise their "clean" and "helpful" image.
They have to fight nationwide to keep the people friendly to their business practices in power, or they risk losing billions in subsidies and tax cuts over the next four years.
Originally posted by: Genx87
Originally posted by: jpeyton
It's an election year. Every little psychological boost helps, even if it's giving the American people cheaper gas for a few months.
Remember that the oil companies have a whole f*****g lot on the line this November as well. Exxon has been buying obscene amounts of ad time on networks to advertise their "clean" and "helpful" image.
They have to fight nationwide to keep the people friendly to their business practices in power, or they risk losing billions in subsidies and tax cuts over the next four years.
How much do our domestic oil companies hold in terms of the worlds oil supply?
Originally posted by: miketheidiot
Originally posted by: Genx87
Originally posted by: jpeyton
It's an election year. Every little psychological boost helps, even if it's giving the American people cheaper gas for a few months.
Remember that the oil companies have a whole f*****g lot on the line this November as well. Exxon has been buying obscene amounts of ad time on networks to advertise their "clean" and "helpful" image.
They have to fight nationwide to keep the people friendly to their business practices in power, or they risk losing billions in subsidies and tax cuts over the next four years.
How much do our domestic oil companies hold in terms of the worlds oil supply?
domestic oil production is like 8% of world production iirc.
Originally posted by: halik
Did supply and/or demand change to warrant 35% discount on crude clearing prices?
Originally posted by: miketheidiot
Originally posted by: Genx87
Originally posted by: jpeyton
It's an election year. Every little psychological boost helps, even if it's giving the American people cheaper gas for a few months.
Remember that the oil companies have a whole f*****g lot on the line this November as well. Exxon has been buying obscene amounts of ad time on networks to advertise their "clean" and "helpful" image.
They have to fight nationwide to keep the people friendly to their business practices in power, or they risk losing billions in subsidies and tax cuts over the next four years.
How much do our domestic oil companies hold in terms of the worlds oil supply?
domestic oil production is like 8% of world production iirc.
Originally posted by: 351Cleveland
"Those evil oil companies... jacking up the price of oil."
"Those evil oil companies... jacking down the price of oil."
Go figure. Short of going out of business, there is nothing energy companies can do to make you kooks happy.
Originally posted by: Jaskalas
Originally posted by: 351Cleveland
"Those evil oil companies... jacking up the price of oil."
"Those evil oil companies... jacking down the price of oil."
Go figure. Short of going out of business, there is nothing energy companies can do to make you kooks happy.
You're close, but not entirely accurate. Dems want them to shut down and accept federal control. Viva Chavez and the like.
Originally posted by: wwswimming
oil prices don't just reflect supply & demand in the stock market.
they also reflect supply & demand in investment markets. people invested
in oil futures because, for a while, they thought they could get a better
return there.
Originally posted by: miketheidiot
Originally posted by: Jaskalas
Originally posted by: 351Cleveland
"Those evil oil companies... jacking up the price of oil."
"Those evil oil companies... jacking down the price of oil."
Go figure. Short of going out of business, there is nothing energy companies can do to make you kooks happy.
You're close, but not entirely accurate. Dems want them to shut down and accept federal control. Viva Chavez and the like.
you can go sit in the idiot circle.
Lawls, would you say that if it dropped to $50?Originally posted by: senseamp
Originally posted by: halik
Did supply and/or demand change to warrant 35% discount on crude clearing prices?
Yes. Prices are set on the margins, so even a small shift in supply and demand can make for a big shift in price.
If we go this far, obviously bubbles are impossible because they all reprsent an investment demand/supply relationship. The supposition was that the demand was unreasonable and not in line with reality, hence an unnatural bump in value.they also reflect supply & demand in investment markets. people invested
in oil futures because, for a while, they thought they could get a better
return there.
You made the thread and phrased it as a callout. Maybe you should look up the numbers before sticking your neck out. Demand had been falling considerably, at least in the US.Originally posted by: halik
Did supply and/or demand change to warrant 35% discount on crude clearing prices?
Originally posted by: CycloWizard
You made the thread and phrased it as a callout. Maybe you should look up the numbers before sticking your neck out. Demand had been falling considerably, at least in the US.Originally posted by: halik
Did supply and/or demand change to warrant 35% discount on crude clearing prices?
Burden of proof.Originally posted by: LegendKiller
Is that the ox pulling the cart, or the cart pulling the ox?
Originally posted by: CycloWizard
Burden of proof.Originally posted by: LegendKiller
Is that the ox pulling the cart, or the cart pulling the ox?