Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: i-node who wrote (386821)	5/28/2008 11:07:33 PM
From: tejek	Read Replies (1) of 1575981

That is an extremely myopic conclusion. The oil countries have become very accustomed to high oil prices and the revenues it produces for their countries. You cut back usage.....the price of crude will go down. To make up the loss of revenue, the oil countries will produce more which should cause the price of crude to drop further. While we are nearing peak oil, most professionals think we are not there yet. That means supply and more importantly, DEMAND play an important role in the price of crude. No shit? Supply and Demand? Damn. You are a freaking idiot. Hey, I am not the one who's trying to argue that demand has little to do with the current price of crude.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next