To: bananaman22
One of the better reads from oilprice.com. I find most far less informative.
2 posted on
05/10/2017 8:48:50 AM PDT by
marktwain
(President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
To: bananaman22
Production Cuts vs Innovation – Why OPEC Has Lost The Oil Price WarFree markets and Capitalism works every time it is tried.
3 posted on
05/10/2017 8:52:33 AM PDT by
FatherofFive
(Islam is EVIL and needs to be eradicated)
To: bananaman22
Despite California governmental meddling, we are paying significantly less (~30%) for fuel in 2017 than in 2014.
Thanks to American tight oil contributing 4% to the global oil supply.
That’s how inelastic markets work.
4 posted on
05/10/2017 8:57:27 AM PDT by
cicero2k
To: bananaman22
What happened was better oil extraction technology outrunning all the naysayers. They were doing the same old
the sky is falling "fried bologna sandwich" 106 years ago when people thought we were running out of oil back then.
The worst part is that if the adiabatic theory of oil being created is proven true, the very idea of peak oil will be rendered obsolete.
5 posted on
05/10/2017 9:28:16 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: bananaman22
Weren’t these people trying to sell “peak oil” propaganda a while ago? Are they a real news source?
7 posted on
05/10/2017 9:34:14 AM PDT by
mountainlion
(Live well for those that did not make it back.)
To: bananaman22
I know it won’t happen but imagine if the people of Venezuela throw out the commies and embrace capitalism. The gulf states would be toast.
9 posted on
05/10/2017 12:51:56 PM PDT by
Organic Panic
(Flinging poo is not a valid argument)
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