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re: Why is the price of oil going up?
Posted on 4/7/10 at 2:40 pm to GREENHEAD22
Posted on 4/7/10 at 2:40 pm to GREENHEAD22
The reports that show the output in a given week? I didn't know those told you the total supply of oil on the entire planet, I thought that was pretty much up for significant debate. I guess those oil companies should stop looking for more then eh? I also did not realize that the supply and demand characteristics for something that is an input into god knows how many processes, never changes, thus making it fixed at 2.20. Please let me know what the numerator and denominator are in this equation.
ETA: I just want to know how you came up with 2.20 a gallon as a constant and unchanging price. Just explain that and I will accept defeat.
ETA: I just want to know how you came up with 2.20 a gallon as a constant and unchanging price. Just explain that and I will accept defeat.
This post was edited on 4/7/10 at 2:54 pm
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