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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (228721)	4/11/2005 7:42:28 PM
From: TimF	Read Replies (1) \| Respond to of 1578299

If the real price goes down for a long time it is because new supply is growing faster then new demand. That certainly isn't the case at the moment. The oil companies do not simply sit around a table and decide what the price of oil will be. It is not within their power to do so. OPEC comes closer to having that type of power, but not very close, even OPEC can't simply set the price of oil as it doesn't have total control over supply (or even supply from its own members) and it has no direct control over demand. Tim