- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Why is the price of oil going up?
Posted on 4/7/10 at 1:46 pm to cwill
Posted on 4/7/10 at 1:46 pm to cwill
quote:
For what it is worth, I heard on the radio yesterday that it has NOTHING to do with supply/demand BUT that it is speculators ... this is NOT me saying this but repeating what I heard to answer your question.
Bingo, when oil was 150 a barrel the surplus stock actually rose by about 4.3 percent. If it was solely based on supply and demand gas would maintain about 2.20 a gallon.
1
Posted on 4/7/10 at 2:08 pm to GREENHEAD22
Damn brah, you know the real supply and demand of the entire global oil market? I think you could probably make several million, maybe billions, of dollars with that kind of knowledge.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News