Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Government Forcing Gas Prices Up So We Go Green?
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="JD8" data-source="post: 1482914" data-attributes="member: 24"><p>It's not anything new?</p><p>I really don't think you understand what I'm saying or haven't researched the logistics of what has been happening in oil demand/price. Cushing has the largest oil storage capacity in the world. It's a significant delivery point for oil bought through the exchange aswell. Either way, they have been saying for quite some time that the price of oil is ridiculous compared to the fundamentals of the current capacity of storage in the U.S. especially considering the levels we are at now, how many new finds we've had, etc compared to 2008. Therefore, the speculation on the middle east is driving up oil. Notice the conviction of speculators seems to be waning when the price hit 100? </p><p></p><p>But yeah... I'm sure all that is moot.... it's Obama.</p></blockquote><p></p>
[QUOTE="JD8, post: 1482914, member: 24"] It's not anything new? I really don't think you understand what I'm saying or haven't researched the logistics of what has been happening in oil demand/price. Cushing has the largest oil storage capacity in the world. It's a significant delivery point for oil bought through the exchange aswell. Either way, they have been saying for quite some time that the price of oil is ridiculous compared to the fundamentals of the current capacity of storage in the U.S. especially considering the levels we are at now, how many new finds we've had, etc compared to 2008. Therefore, the speculation on the middle east is driving up oil. Notice the conviction of speculators seems to be waning when the price hit 100? But yeah... I'm sure all that is moot.... it's Obama. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Government Forcing Gas Prices Up So We Go Green?
Search titles only
By:
Top
Bottom