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 : Evolution -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (22624)	3/10/2012 5:31:01 PM
From: average joe	Read Replies (1) \| Respond to of 69300

High gas prices are a function of taxes it has little in common with the price of a bbl of oil.

To: J_F_Shepard who wrote (22624)	3/10/2012 6:16:35 PM
From: Brumar89	Read Replies (1) \| Respond to of 69300

Most people know that businesses are forward looking and concerned with future costs ... so the Obama administration's policies of raising healthcare and energy costs and taxes have a big negative effect. are there more or less drills operating now than 3 years ago? Duh, more. E&P companies respond to price movements. And you know that unless oil cost is high, shale oil and tar sands will shut down.... So? So who is keeping the price up? Who controls the flow into the market? Supply and demand. I know you think there is some cabal of oil companies that control prices, but you're wrong. That's stupidly simplistic thinking. Besides, your note that drilling is up contradicts the conspiracy idea. though you probably don't realize that.