I think that the elections might have something to do with it, You know the oil companies want to see those profits continue...
Maybe they ran out of condoms to wear while they screw us.
2006-09-07 12:23:31
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answer #1
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answered by Tommy D 5
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well... the question is are they dropping relative to supply and demand...
it's dropping like A ROCK... but is supply dropping that much... and are all the "discoveries" having this large of an impact, even though they haven't even started to affect actual supply/demand?
it seems a little odd... usually prices drop much slower than they go up... but magically the bottom has fallen out of the prices now?
I'm sure there's no coincidence... ;)
2006-09-07 12:32:45
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answer #2
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answered by Anonymous
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properly, as I carry both an economics degree and an English degree, enable me attempt to describe 2 issues to you. a million) convinced provide and demand do impression the cost of a sturdy or service. do no longer ignore, besides the undeniable fact that, that authentic provide and demand function surely in an open, organic marketplace. An open, organic marketplace is a pretend, made up international used to describe provide and demand to scholars. Economics also teaches that persons make judgements contained in the marketplace when they have all the counsel attainable on a topic (proper - I see that, oh, in no way). Economics also explains that outdoors aspects can impression organic provide and demand and administration expenditures. possibly you missed the area about provide shocks (actual or made up), monopolies, oligopolies, pretend counsel getting into the marketplace; or a simulated marketplace created with the help of authorities coverage. 2) Why straightforward provide and demand do not artwork the following: a) Gore v. Bush 2000. gasoline expenditures leap for no reason. Bush claims its by using Clinton administration lack of means coverage. Gore suffers contained in the polls. b) Bush receives elected in 2000. gasoline expenditures miraculously drop. Bush administration delivers drilling rights to grease businesses in US preserves. c) Bush administration is going into Iraq. expenditures leap, yet administration says, sorry, no longer something we may be able to do about it. d) 2006 Bush administration sees GOP applicants, weeks from elections, are in a not straightforward strive against with the favourite public. besides the very undeniable reality that gasoline expenditures had persevered to upward push by 2006, they miraculously drop, for no reason, basically as elections close to. Bush/GOP are both the luckiest sobs contained in the international or Bush friends from the Texas oil fields (the position replaced into he governor back) help them out ever a lot every time they want it. no one is that fortunate (yet another area of an econ. degree replaced into probablility idea).
2016-11-25 19:46:56
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answer #3
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answered by ? 4
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When there is a perception that oil might become short in supply, the price goes up because of trading on the open stock market. The reverse trend is also true. You might find this informative...
2006-09-07 12:23:42
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answer #4
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answered by speakeasy 6
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Supply and demand goes out the window when Neo Cons operate a monopoly.
2006-09-07 12:23:23
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answer #5
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answered by Egroeg_Rorepme 4
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Hey moron the economy is slowing down ( demand down) summer driving season over(demand down), Gulf states gave leases to oil drilling in the gulf (supply up), and the pipeline in Alaska is no longer an issue (supply up) and hurricane season is almost over (supply up).....
Let's add that up; (Demand down*2) +(supply up *3)= lower cost
What don't you get?
2006-09-07 12:23:31
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answer #6
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answered by mymadsky 6
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damned if you do and damned if you don't. There is no way to satisfy the lying left. They cry prices are too high and now, when prices drop they cry "I smell a rat"!! What gives? Try some research and find out the truth to gas prices and price of oil per barrel. You might learn something!!!
2006-09-07 12:24:35
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answer #7
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answered by Anonymous
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Great Question .. and you are absolutely right .. paid only $2.63 yesterday !!! yea.. what a deal ..NOT ! It's so freaking obvious it's pathetic .. let's see.. hmmm .. big oil President,.. Highest gas prices ever hmmm.. nope no connection there ! Not possible.. Bush is a Christian ...?????
LOL !!!!!!
2006-09-07 12:29:28
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answer #8
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answered by hardartsystems 3
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Summer driving season is over, people aren't traveling as much as they did with taking kids to school and/or going to work. Can we say moron? Everyone knows the summer driving season is over.
2006-09-07 12:23:09
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answer #9
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answered by nighthawk_842003 6
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The rat you smell is a liberal's behind.
Supply, demand, speculation: basic economics.
Grade school stuff.
Do sixth grade over.
2006-09-07 12:21:50
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answer #10
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answered by Anonymous
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