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  • Yes, prices will fall

    5 14.71%
  • No, prices will not fall

    23 67.65%
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    6 17.65%
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Thread: Supply & Demand

  1. #81
    Sage
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    Re: Supply & Demand

    Quote Originally Posted by obvious Child View Post
    Point is that those who think more drilling will lower prices are out of their minds when you apply actual economics.
    Drilling is great for local and National economies, thats for sure.

    Just ask Canada, and and a few small towns in North Dakota.

    But finding oil doesn't actually increase the supply of the useful by-products we get from crude oil.

    For example, Canada has gotten sick of waiting for the Obama administration to OK the pipeline that would deliver its oil down to the Gulf Coast refineries.

    They've decided to ship it from their East Coast in massive tankers into the Gulf States.

    But thats STILL a Bottle neck and it still leaves Canada hodling huge amounts of Crude oil that has no where to go.

    Supply is NOT meating demand because without refineries their product is useless.

  2. #82
    Educating the Ignorant
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    Re: Supply & Demand

    On the supply side, the United States shale drilling boom has been a critical factor. Domestic production has reached 8.7 million barrels a day, about a million barrels a day more than just a year ago and the highest level in nearly a quarter century. Imports from OPEC countries have been cut in half since 2008, forcing countries like Saudi Arabia and Nigeria to compete with one another in Asia, cutting their prices starting last week.

    http://www.nytimes.com/2014/10/14/business/energy-environment/oil-prices-fall-as-opec-members-fight-for-market-share.html
    Supply & Demand.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  3. #83
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    Re: Supply & Demand

    Quote Originally Posted by CaptainCourtesy View Post
    Stuff
    Don't you guys have some rule on necro? Seriously, zimmer's purely doing this because he's got a very unhealthy obsession with me.

    It's sad when you have to necro a post that predates fracking in a pathetic attempt to score "points."

    It's probably best to lock this thread given zimmer's intent as to why he necroed it.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  4. #84
    Educating the Ignorant
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    Re: Supply & Demand

    Quote Originally Posted by obvious Child View Post
    Don't you guys have some rule on necro? Seriously, zimmer's purely doing this because he's got a very unhealthy obsession with me.

    It's sad when you have to necro a post that predates fracking in a pathetic attempt to score "points."

    It's probably best to lock this thread given zimmer's intent as to why he necroed it.
    I see you once again fail to address the subject at hand... a thread you started.... and resort to personal attacks. How very typical of you.

    This is a prime learning moment for you, learning that you are once again very wrong... but obviously you fail to learn, and reveal this publicly. Good on ya mate.

    The thread is supply and demand... and if the government had allowed drilling where we have oil, instead of blocking it, we would have had greater supplies. Doesn't matter if fracking was in existence... or not... once again... the thread is about "Supply & Demand".

    ROTFLOL... Pleading to the mods to "Lock the thread" = SURRENDER MONKEY. It is an admission you're tired of getting your ass kicked around.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  5. #85
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    Re: Supply & Demand

    I'm not going to feed your unhealthy obsession.

    I will however, report that TOS violation.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  6. #86
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    Re: Supply & Demand

    Moderator's Warning:
    Supply & DemandDon't necro year old threads. You like the topic? Start a new one. Closed.
    "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.

    Quote Originally Posted by Navy Pride View Post
    You can't paint everone with the same brush.......It does not work tht way.


    Quote Originally Posted by Wessexman View Post
    See with you around Captain we don't even have to make arguments, as you already know everything .
    Quote Originally Posted by CriticalThought View Post
    Had you been born elsewhere or at a different time you may very well have chosen a different belief system.
    Quote Originally Posted by ernst barkmann View Post
    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"

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