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  • Yes, prices will fall

    5 14.71%
  • No, prices will not fall

    23 67.65%
  • Not sure

    6 17.65%
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Thread: Supply & Demand

  1. #71
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    Re: Supply & Demand

    Quote Originally Posted by obvious Child View Post
    This is embarrassing. You spent how many hours to find a single thread you could necro that was before hydraulic fracturing came out as a force?

    You really are desperate. Yeah, sure I was wrong on that. Does it bother you that you had to spend hours to find a single post I was wrong on?

    Seriously, that was more than 3 years ago.
    As noted early on in this thread, I stated there were ample energy resources... and these are always proven to INCREASE. Further, you stating our supplies would dwindle in the next 15-years (I recall it being in there somewhere) was fundamentally wrong, as each new estimate reveals we have ever more oil. Fracking or no... our supplies of energy always grow, and we have massive supplies of energy... the problem with driving prices downward is always government screwing things up.

    That you complain about the thread being 3-years old is yet another fail. What does it matter... if it's 5 or 10-years old... so long as your wrongheaded views are corrected? Or is that the problem?






    Quote Originally Posted by CaptainCourtesy View Post
    Moderator's Warning:
    Supply & DemandBecause there are some on target responses, I am going to allow this, but in the future, do NOT necro threads that are this old.
    Cheers... it's relevant to today, and especially after the fear based comment by the Saudi's.
    Last edited by zimmer; 09-23-13 at 04:49 AM.
    The Clintons are what happens...
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  2. #72
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    Re: Supply & Demand

    Quote Originally Posted by Your Star View Post
    I really don't get this poll, it isn't something to debate, just an economic question with a right or wrong answer.
    In order for it to be that, the question would have to include enough information to determine the answer. The OP has deliberately left out some important variables, without which, the question, as asked, is nonsense.
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    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

  3. #73
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    Re: Supply & Demand

    .....
    Last edited by zimmer; 09-23-13 at 05:03 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  4. #74
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    Re: Supply & Demand

    Quote Originally Posted by zimmer View Post
    Cheers... it's relevant to today, and especially after the fear based comment by the Saudi's.
    Moderator's Warning:
    Supply & DemandAnd... please do not comment on moderation publicly.
    "Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run

    ====||:-D

    Quote Originally Posted by Wiseone View Post
    This is what I hate about politics the most, it turns people in snobbish egotistical self righteous dicks who allow their political beliefs, partisan attitudes, and 'us vs. them' mentality, to force them to deny reality.

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    You can't paint everone with the same brush.......It does not work tht way.


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    See with you around Captain we don't even have to make arguments, as you already know everything .
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    Had you been born elsewhere or at a different time you may very well have chosen a different belief system.
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    It a person has faith they dont need to convince another of it, and when a non believer is not interested in listening to the word of the lord, " you shake the dust from your sandels and move on"

  5. #75
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    Re: Supply & Demand

    Quote Originally Posted by Bob Blaylock View Post
    In order for it to be that, the question would have to include enough information to determine the answer. The OP has deliberately left out some important variables, without which, the question, as asked, is nonsense.
    Indeed. For example, in the scenario given, if the cost of production drops by more than demand increase, the price will drop net.

  6. #76
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    Re: Supply & Demand

    Quote Originally Posted by obvious Child View Post
    This is embarrassing. You spent how many hours to find a single thread you could necro that was before hydraulic fracturing came out as a force?

    You really are desperate. Yeah, sure I was wrong on that. Does it bother you that you had to spend hours to find a single post I was wrong on?

    Seriously, that was more than 3 years ago.
    For your learning pleasure. Fours years later we see prices dropping and Saudi's thinking it will go to the 80's (perhaps lower ). Why would that be? Couldn't have to do with our production? LOL... of course not.

    Not.

    ...Saudi officials have given a different message in meetings with investors and analysts: the kingdom, OPEC’s largest producer, will accept oil prices below $90 per barrel, and perhaps down to $80,...

    DON'T BE SURPRISED BELOW $90

    Global benchmark Brent crude oil futures have fallen steadily for almost four months, dropping 23 percent from a June high of over $115 a barrel as fears of a Mideast supply disruption ebbed, U.S. shale production boomed and demand from Europe and China showed signs of flagging. [O/R]

    Brent fell below $88 a barrel on Monday, hitting its lowest in almost four years, after news of the Saudi and Kuwaiti statements.

    Exclusive: Privately, Saudis tell oil market- get used to lower prices
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  7. #77
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    Re: Supply & Demand

    There's no way to know in the example given, you didn't address if there is an actual demand for more product. If it all sits in a warehouse somewhere and just piles up because nobody wants more of it in the marketplace, why would the price change?
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  8. #78
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    Re: Supply & Demand

    To the op: no. 1.2 mil is a hundredth of a pct. and if demand is increasing by 3 pct annually, prices will increase.

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    Re: Supply & Demand

    Quote Originally Posted by obvious Child View Post
    Okay people, now tell me, how can the price of oil fall if we expand off shore drilling which represents the same percentages and when demand is growing at the given percentage?

    How the HELL can prices fall when supply increases 2.3% and demand increases 10.12%?

    It boggles my mind how some people just suspend supply and demand when it comes to oil.
    Perhaps because it increases...less. And prices of gas are not governed strictly by the supply of oil

  10. #80
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    Re: Supply & Demand

    Voted, then read the comments and realized why my vote is wrong.
    "We have more responsibility than power, I think. The newspaper can create great controversies, stir up arguments within the community or discussion, can throw light on injustices....just as it can do the opposite. It can hide things and be a great power for evil." -- Rupert Murdoch, 1968

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