so you'd agree that speculation isn't "TRUE DEMAND." Dude you don't have to use language to conceal meaning... you can also use it to convey meaning.
its traded on the open market. there is no TRUE DEMAND, or FALSE DEMAND, or KINDA DEMAND. oil is a commodity.
sure there is. "true" demand is what is being bought in order to be consumed. If someone buys oil just to sell it the next day that logically cannot continue forever and in the end will equal ZERO because an equal amount of profit taking will ensue. If the "demand" from speculation eventually equals ZERO (it always will, for any commodity), is it real?
Everything not forbidden is compulsory and eveything not compulsory is forbidden. You are free... free to do what the government says you can do.
so you'd agree that speculation isn't "TRUE DEMAND." Dude you don't have to use language to conceal meaning... you can also use it to convey meaning.
its traded on the open market. there is no TRUE DEMAND, or FALSE DEMAND, or KINDA DEMAND. oil is a commodity.
sure there is. "true" demand is what is being bought in order to be consumed. If someone buys oil just to sell it the next day that logically cannot continue forever and in the end will equal ZERO because an equal amount of profit taking will ensue. If the "demand" from speculation eventually equals ZERO (it always will, for any commodity), is it real?
check this out..or maybe you've seen this. this debate has been going on since oil spiked to record highs.
that article didn't say anything about what I was talking about. And if that writer doesn't think that speculation leads to higher prices... he must be retarded. It has happened so many times in recent history... farmland (1970s).... real estate (80s especially in Texas, 2000s) are the two that come to mind.
Everything not forbidden is compulsory and eveything not compulsory is forbidden. You are free... free to do what the government says you can do.
that article didn't say anything about what I was talking about. And if that writer doesn't think that speculation leads to higher prices... he must be retarded. It has happened so many times in recent history... farmland (1970s).... real estate (80s especially in Texas, 2000s) are the two that come to mind.
where does he say speculation doesnt lead to higher prices?
and I really don't understand what you are getting at. shit or get off the pot
try copy and pasting in a new browser as it works for me
prices went up, so what? I said the wars had no effect on supply. OPEC controls supply. price went up based on fear and higher demand. I suppose you are trying to prove some theory that we went to war in Iraq so Bush can make more money on oil right?
try copy and pasting in a new browser as it works for me
prices went up, so what? I said the wars had no effect on supply. OPEC controls supply. price went up based on fear and higher demand. I suppose you are trying to prove some theory that we went to war in Iraq so Bush can make more money on oil right?
you are saying that demand based on suv's caused the price of oil to go up ... this chart clearly shows there is a corelation between wars in the middle east and the price of oil ... threats to supply always affect the price ... this should be a no-brainer ... how can you argue that suv's are the cause?
try copy and pasting in a new browser as it works for me
prices went up, so what? I said the wars had no effect on supply. OPEC controls supply. price went up based on fear and higher demand. I suppose you are trying to prove some theory that we went to war in Iraq so Bush can make more money on oil right?
you are saying that demand based on suv's caused the price of oil to go up ... this chart clearly shows there is a corelation between wars in the middle east and the price of oil ... threats to supply always affect the price ... this should be a no-brainer ... how can you argue that suv's are the cause?
you're right, the war in Iraq did effect price, along with higher demand from SUVs, booming economies, etc. I thought you were trying to imply the wars were launched so Bush and the neocons can make more money on oil.
that article didn't say anything about what I was talking about. And if that writer doesn't think that speculation leads to higher prices... he must be retarded. It has happened so many times in recent history... farmland (1970s).... real estate (80s especially in Texas, 2000s) are the two that come to mind.
where does he say speculation doesnt lead to higher prices?
and I really don't understand what you are getting at. shit or get off the pot
Hello? Hello? Anybody home? Think, McFly. Think!..... Did you eat paint chips when you were a kid????
"Speculators are creating a huge bubble in oil" One of the "6 Myths" of the article. :shock:
I'm sorry you don't understand... maybe you ought to try to have someone read it to you slowly?
Everything not forbidden is compulsory and eveything not compulsory is forbidden. You are free... free to do what the government says you can do.
Hello? Hello? Anybody home? Think, McFly. Think!..... Did you eat paint chips when you were a kid????
"Speculators are creating a huge bubble in oil" One of the "6 Myths" of the article. :shock:
I'm sorry you don't understand... maybe you ought to try to have someone read it to you slowly?
he is partly correct. the main driver in high prices was demand. all economies around the world were booming. millions of Americans are driving SUVs, record number of flights were being flown.
and then the financial system comes to a halt and demand disappears over night causing the price to crash.
Comments
its traded on the open market. there is no TRUE DEMAND, or FALSE DEMAND, or KINDA DEMAND. oil is a commodity.
what? ... a couple of wars in oil nations has nothing to do with it?
no. the wars have caused little to no disruption in the oil supply.
sure there is. "true" demand is what is being bought in order to be consumed. If someone buys oil just to sell it the next day that logically cannot continue forever and in the end will equal ZERO because an equal amount of profit taking will ensue. If the "demand" from speculation eventually equals ZERO (it always will, for any commodity), is it real?
check this out..or maybe you've seen this. this debate has been going on since oil spiked to record highs.
http://www.usnews.com/money/blogs/flowc ... ators.html
http://www.wtrg.com/oil_graphs/oilprice1970.gif
where does he say speculation doesnt lead to higher prices?
and I really don't understand what you are getting at. shit or get off the pot
link not working
try copy and pasting in a new browser as it works for me
prices went up, so what? I said the wars had no effect on supply. OPEC controls supply. price went up based on fear and higher demand. I suppose you are trying to prove some theory that we went to war in Iraq so Bush can make more money on oil right?
you are saying that demand based on suv's caused the price of oil to go up ... this chart clearly shows there is a corelation between wars in the middle east and the price of oil ... threats to supply always affect the price ... this should be a no-brainer ... how can you argue that suv's are the cause?
you're right, the war in Iraq did effect price, along with higher demand from SUVs, booming economies, etc. I thought you were trying to imply the wars were launched so Bush and the neocons can make more money on oil.
Hello? Hello? Anybody home? Think, McFly. Think!..... Did you eat paint chips when you were a kid????
"Speculators are creating a huge bubble in oil" One of the "6 Myths" of the article. :shock:
I'm sorry you don't understand... maybe you ought to try to have someone read it to you slowly?
he is partly correct. the main driver in high prices was demand. all economies around the world were booming. millions of Americans are driving SUVs, record number of flights were being flown.
and then the financial system comes to a halt and demand disappears over night causing the price to crash.