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Oil prices December 23, 2015 11:06 am RobVG

I’ve heard several liberals (not here) say that the price of oil has nothing to do with market forces. I think the price of oil today would contradict that. There was Opec, but they decided to loosen there reign. I would say the increase in production world wide is the main factor in driving prices down.

The invisible hand you know….

  • Looks like ER could be right again. by RobVG 2016-01-12 09:54:07
    • The laws of economics are as real as the laws of physics. No one denies that. by ER 2016-01-12 12:12:06
    • As of October... by RobVG 2015-12-28 16:00:29
      • No problem! We ran out of cash decades ago. by ER 2015-12-28 17:40:20
        • I'm starting to feel like a soapbox. n/t by RobVG 2015-12-28 18:44:37
          • You just now noticed that? by TB 2015-12-29 16:48:02
      • More information: by TB 2015-12-23 17:55:48
        • So Saudi Arabia is giving away lemonade for free, by ER 2015-12-23 19:19:00
          • Also, I hope the article's author calmed himself after all that hyperventilating by mcfly 2015-12-23 21:54:09
            • Re-read the second article you linked below. "Nimble." by TB 2015-12-23 22:53:02
              • Hey, I'm just saying, Blue Skies have a way of clouding over by mcfly 2015-12-24 00:01:17
        • Not so invisible by ER 2015-12-23 12:13:29
          • I'm not so sure. by RobVG 2015-12-28 09:12:00
            • So what are you trying to tell me? by ER 2015-12-28 10:31:20
              • All I'm trying to say is the price of oil is the result of supply and demand. by RobVG 2015-12-28 11:33:23
                • The price of oil is dependent on the perception of supply, demand and making a buck on the futures market. by Tony 2016-01-12 10:53:21
                  • What I don't get is.... by RobVG 2016-01-12 19:37:25
                    • Two things drive markets. by ER 2016-01-12 22:03:15
                  • Tell me why Conservatives so love monopolies? by bowser 2015-12-28 18:08:00
                    • Show me where the monopoly is. by RobVG 2015-12-28 21:09:56
                      • Let's be reasonable, without the cheap shots. by bowser 2015-12-28 22:55:26
                    • Sure, though supply and demand can be manipulated by Robert 2015-12-28 15:01:07
                      • Of course Supply and Demand works. by ER 2015-12-28 12:49:15
                  • ...and more of a fist by mcfly 2015-12-23 15:17:18
                    • The free market. by ER 2015-12-23 16:38:24
                      • *Sniff*, that's beautiful man..... by RobVG 2015-12-23 19:39:19
                        • You DO realize I'm just pressing your buttons, right? :-) by ER 2015-12-23 20:09:21

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