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


To: Tenchusatsu who wrote (1381369)11/29/2022 2:21:14 PM
From: Wharf Rat  Read Replies (1) | Respond to of 1571924
 
"the falling price of oil is due to the slowing economy"
I'm sure it's just a coincidence that the price started dropping as soon as participating countries began releasing, and it has continued to drop. Might even drop low enuf to start replenishing the SPR.

==
"A smarter president would have tried his or her very best to flood the market with cheap oil, thereby bankrupting RuZZia "

Weren't you crying about his SPR release?

==

"that would be bad bad bad for the climate"
That's what happens when you are addicted to oil; can't live with it, can't live without it. If we had continued on the renewable path in '81, or went back on it in '91, or Y2K, we might be weaned by now; but....we didn't. The good news for you is that I'm hearing rumors we might allow some oil from Venezuela to come here, which will give you multiple things to complain about.

Historical Oil Shocks*
econweb.ucsd.edu

by JD Hamilton · 2010 · Cited by 26 — All but one of the 11 postwar recessions were associated with an increase in the price of oil, the single exception being the recession of 1960.
51 pages