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Oil prices past 10 years graph question.
Posted on 1/13/16 at 6:05 pm
Posted on 1/13/16 at 6:05 pm
As you can see from this graph, oil was at $140 bbl summer of 2008. I know that the sub prime housing crash caused the crash in oil prices, but what the hell caused the price to rise so damn high in the first place?
12
Posted on 1/13/16 at 6:06 pm to bhtigerfan
Greed and truck nuts
Posted on 1/13/16 at 6:08 pm to bhtigerfan
quote:
what the hell caused the price to rise so damn high in the first place?
Greedy oil executives and oil futures speculators.
Posted on 1/13/16 at 6:10 pm to bhtigerfan
Platinum and emerald encrusted truck nuts. Some gold ones too.
Posted on 1/13/16 at 6:15 pm to bhtigerfan
Definitely not supply and demand
Posted on 1/13/16 at 6:15 pm to bhtigerfan
Maybe the big guys going around telling people this and that, knowing good and well it isn't true, but that people will still believe it and throw money at it. My guess of course.
Posted on 1/13/16 at 6:17 pm to bhtigerfan
Posted on 1/13/16 at 6:17 pm to bhtigerfan
The US Dlollar being devalued combined with speculation of high demand.
Posted on 1/13/16 at 6:33 pm to bhtigerfan
Oil field wives
Posted on 1/13/16 at 6:35 pm to bhtigerfan
Durka durka mahama jihad
Posted on 1/13/16 at 6:38 pm to bhtigerfan
Demand
Posted on 1/13/16 at 7:13 pm to bhtigerfan
youre trying to tell me i wont hear the end of energy people bitching until atleast 2018?
Posted on 1/13/16 at 7:27 pm to bhtigerfan
quote:
what the hell caused the price to rise so damn high in the first place?
The proliferation of the F-250 with the extra 400 pound Yeti coolers on the bed of the truck.
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