Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (8796)	5/31/2009 8:57:13 PM
From: Brumar89	Respond to of 86356

Supply and demand are not the only cause of price fluctuations in the market for oil. Thanks for confirming your economic illiteracy. OPEC decides what price they will target and then they manipulate supply* to try to hit those targets.* Duh. Read what you wrote. Yes, the way they affect price is by manipulating SUPPLY. It all gets back to supply and demand. BTW they generally manipulate supply to INCREASE oil prices which an intelligent proponent of alternative energy would understand aids those alternatives. It's a market in which our own government provides tax subsidies Of minor significance. Our government also provides much more significant tax subsidies for alternative energy, which is generally completely dependent on subsidies. preferential land leases Market leases. With substantial areas closed to leasing. , and a military infrastructure to secure our supplies around the world Our military infrastructure doesn't exist solely to benefit the international oil trade. Your argument is like saying NATO exists to protect the North Sea oil fields. There is nothing free about the oil market. Its certainly not completely free. You have governments intervening generally to make oil prices more expensive than a free market would produce. Again, an intelligent proponent of alternative energy would understand this aids alternatives.