Oil prices « The HabitableZone

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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