Stuart G
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Aug-22-11 10:53 AM
Original message |
| The oil in Libya is now is now controlled by Rebels..does the price go down? |
|
More oil? less speculation? increased supply?
But the price does not go down.
Speculators and the oil companies themselves control the price.
To gouge the most out of all of us, everywhere, as often as they can..
They will keep the price high as long as we continue to be addicted to it.
|
| florida_lurker
(49 posts)
Send PM |
Profile |
Ignore
|
Mon Aug-22-11 11:02 AM
Response to Original message |
| 1. They're still an OPEC nation |
|
And any commentary complaining about manipulation of oil prices that doesn't mention that fact is disingenuous at best.
|
| Andy823
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Aug-22-11 11:21 AM
Response to Original message |
|
The price of gas is manipulated no matter what the price of oil drops to. We will never see the cheap gas prices of the past, not as long as someone can make huge profits by manipulating prices, speculators can continue to jack up prices, and nobody stops them!
|
| daa
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Aug-22-11 01:46 PM
Response to Original message |
| 3. It will a take a long time to get back on line. nt |
DU
AdBot (1000+ posts)     |
Sun May 05th 2024, 01:16 PM
Response to Original message |
Printer-friendly format
Email this thread to a friend
Bookmark this thread
