i can only take people’s views on things to an extent… sure i listen to republican radio, but get sick of it… listen to democrats and get sick of it faster… read books and get sick of bashing and hindsight thoughts on how one should of done something…
i have a very open mind… I just know enough, through work and life, to know that people are all full of shit.
what the fuck does that have to do with that other thread or your comment.
how come every single article I read and shit I google comes back showing your view, explination, belief, reason and so forth holds no water.
Here is another for you.
The reason that gasoline costs $1 or more per gallon today than a year ago is simple: Hurricane Katrina kicked our supply lines down a crooked staircase, and a painful kink emerged in the commodity’s complex worldwide distribution system. Although it seems unfair at times, it’s a fundamental principle of our great economic system that the most efficient way to allocate a scarce resource is through price. When there isn’t enough of something valuable to go around – whether it’s caviar, Manhattan property or reliable home-run hitters – in a market society we let the item go to the highest bidder. This is eBay 101.
there wasn’t more being cosumed, it was just the supply was disrupted so there wasn’t enough at the time
The price of gasoline and crude oil currently has NOTHING to do with PHYSICAL supply and demand of crude and gasoline so stop talking about it like it means something.
The physical supply and demand for the actuall stuff that is oil has little to do with the price. From what I have read not much has changed on the supply and demand side of the physical crude.
Right now energy is in demand with investor money. Energy stocks are way overvalued because of a demand by investors.
Oil futures are bought and traded by many people, many of these futures are bought by people that have no use for 32k worth of crude oil. They are bought by speculators as an investment because they see oil as a can’t lose investment because it keeps going up and up and up.
It’s the demand for oil by these investors that drives the market up.
Oil goes up when something happens that people THINK will make oil go up in price because there is a surge of investor money trying to cash in.
Whenever oil loses it’s sure bet status among people with more money than brains it will hopefully crash back to where it belongs at mid 30s per barrel.
Where I blame bush in all this is the people with more money than brains see bush in the white house as GOOD FOR OIL PRICES so this keeps their confidence in oil skyrocketing up and their supply of money keeps trucking in.
you’re still explaining ‘demand’… the argument between demand and consumption is moot, as its’ an aforementioned byproduct of demand… so if the extra ‘demanded’ gasoline is really used or not isn’t what we’re arguing about, so after you consider that… yeah, market analyists do drive the price up, because they are at the begining of the demand market… failed consumption over time is what leads to oversupply and dropping prices.
bush is not to blame… oil’s been rising since the 90’s and everytme something happens (9/11, war in iraq, NO) gas goes up, or everytime seasons change / vacation gas goes up… because the public consumes the already supplied gasoline.
I don’t like the word demand for it because of they don’t actually want 32k worth of oil delivered to their house. There really don’t have any demand because they don’t want it.
In my mind it’s sorta like somebody running up a price at an auction on something they don’t even want, or like somebody buying a baseball card even though they hate baseball but buy it just cause it will go up in value. They don’t have a real demand for it other than to own it just cause they know that others want or need it more.
In my mind, demand is among people that actually want the physical crude or gasoline, not the people that just buy it hoping to make a buck.