Politics of Energy 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 : Politics of Energy

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (8782)	5/31/2009 1:11:45 PM
From: Brumar89	Read Replies (2) of 86356

Prices are a result of supply and demand. In the real world, anyway. The Iraqi war might have had a temporary impact in that Iraqi production probably declined some for awhile. Though its higher now than before the war. The Afghan war has no impact on oil at all. And you think an oil and foreign policy set by Cheney, a former oil exec, in concert with the oil execs in a meeting behind closed doors, as well as unprecedented tax breaks and subsidies for oil during the Bush Admin, signed of by a President who's family are close friends with the Saudi Royal family, doesn't constitute crony capitalism? No. In what way did the Bush administration manipulate prices higher? They didn't. Prices went up, then down due to changes in supply and demand. And eventually they'll rise again for the same reason. Your economic thinking is really primitive. You think some cigar smoking guys in a room can secretly make prices of a worldwide traded commodity go up and down. How can any well-educated person believe such things. My opinon of your intelligence is really going down now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next