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Old 01-12-2009, 09:12 AM
 
8,648 posts, read 15,647,133 times
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Quote:
Originally Posted by thebigr View Post
If your blaming the oil companies for high oil prices your blaming the wrong people. Try looking at Wall Street. Never did buy that supply and demand crap either.

"Try looking at Wall Street."

When I was telling people that a year ago they said I was crazy.

I even thought it was the oil companies at first.
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Old 01-12-2009, 09:45 AM
 
Location: Rockland County New York
2,984 posts, read 5,343,183 times
Reputation: 1295
Quote:
Originally Posted by killer2021 View Post
Any oil producer could care less about restarting the US economy. If we don't buy it, okay they'll sell it to india or china. They don't give a damn.
You're right. The oil industry and Wall Street will do what they want. The question is what are the democrats going to do about it? They have pretty much pledged themselves to restoring the glory that was the United States. What happens if they can make good on the promise of rebuilding the economy? If you ask me there is a battle brewing between big money and big government. The middle class is hoping President Obama is their savior and will fight corporate corruption. Wall Street wants profits for the wealthiest persons and government off their backs. When the bailout money has been distributed Wall Street will go back to playing their economic games once again. If Obama does not deliver the democrats will be as useless as the present republicans.
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Old 01-12-2009, 05:04 PM
 
4,172 posts, read 6,110,705 times
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Speculative oil pricing is over (for now) and the world economy is down. Oil prices will rise only when the economy (and demand) picks up and places like China/India show increased demand. $4/gal is still probably at least a couple of years away. A war with a MEast oil producer (like Iran) with choke points to oil supply lanes can change things in a hurry - but is unlikely.

So, go ahead and buy that Expedition that is priced to move!
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Old 01-13-2009, 04:36 PM
 
268 posts, read 374,516 times
Reputation: 102
we are all suckers, the price is already set, go buy up stock in the oil companies because gas is going up

we all know when Bush got to power his goal was to increase the profits of the oil companies

They decided to lower the price now because they realize the economy is in the tank and they figured they would be generous to lower the price a little


it is all a game and it is all fixed and we are all the suckers unless you are profiting from it
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