Quote:
Originally Posted by caution
The person in the mirror.
(Unless you live in a mud hut or cave and eat food you forage, then you can't be reading this.)
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OMIGOD! Self responsibility -- on a Politics Page!
Sure enough. If you want a one word answer to the question -- Why the Price? One word answer is: [the] Buyers!
Higher it goes, if you do not buy it, the more you save.
The marginal demand is the killer. In a world where we all would like to drink, eat and drive about 88 million barrels of oil a day, world production is "only" about 86 million barrels. That 2 million barrel shortage means someone is going to be out-bid.
Today that is you.