Domingo Halliburton
Handmade in USA
this dude talkin about the "growth of demand" as if the demand isn't always the same.
NEWSFLASH: WE NEED GAS!
Come on now
Former oil exec: $5-a-gallon gas on the way
- Thread starter acri1
- Start date
Come on now
Sorry bruh... that's still dumb weeks later.
IMO, you can listen to whatever "they" tell you as the reason why, and there might be a scientific/logical explanation, but there's also a common sense reason as well. Pick whichever one you want to believe.
A quick Google search will show you new news articles about the increase in people buying SUV's/trucks as of late. Obviously that's a by product of cheaper gas prices, but you can't say that it's not by design either.
common sense. I'll let you go on though w/ all ur fancy-schmancy knowledge.
Fillerguy
Veteran
I just rented one
sportscribe
Superstar
Supply and demand is pretty much what is categorically responsible for change in oil prices.
The key here is that supply can be (and is) manipulated by big oil cartels for interest of profits.
Higher crude oil prices means lower gas prices at the pump and lower crude oil prices means lower gas prices at the pump.
sportscribe
Superstar
Not OPEC entirely, but mainly Saudi Arabia.OPEC driving out the competition by continuing to pump oil. I'll have to find the article but one of them said oil could drop to $25 a barrel and they would still be OK.
And it's not so much "driving out the competition" as it is maintaining their market dominance.
As you alluded to, they have no umbrage if oil prices drop as low as $25 a barrel, as they will remain profitable due to the lightness of their crude.
Aside from that they have huge financial reserves from the times of "plenty" when oil prices had skyrocketed.
What idiot runs out and buys a Hummer cause the gas price drops for a few months?
Gas will go up continuously just like everything else in this world. It's called inflation. The fact that we had such a dip is awesome but if you think about it: even if we get 2 years worth that's saving me about $50 a month (to make the math easier). A total of $1200 bucks. Over 2 years. That's cool but you're not gonna be ablessed to move to a bigger house or anything. My guess is we'll see less than two years of this.
Gas will go up continuously just like everything else in this world. It's called inflation. The fact that we had such a dip is awesome but if you think about it: even if we get 2 years worth that's saving me about $50 a month (to make the math easier). A total of $1200 bucks. Over 2 years. That's cool but you're not gonna be ablessed to move to a bigger house or anything. My guess is we'll see less than two years of this.
The auto industry controls gas prices? The auto industry sells and profits from oil? :yadontsay:
the oil industry and auto industry affect one another.
Rich get richer 
Obama's America
Obama's America
Thats not wat u said/implied though. You said "they" brought oil prices down so "they" could sell more SUVs. Who are "they"?
Not trying to shyt on u, I just want u to think this through.
