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1 posted on 11/18/2015 8:45:38 AM PST by bananaman22
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To: bananaman22
Military Action In Syria Doesn't Affect Oil Prices

Two reasons. First the world is in an oversupply condition relative to current demand. Small interruptions in supply don't leave the global demand searching for more oil; it is readily available without significant price jump.

Secondly, Syria today is rather insignificant in their share of the global oil supply. A lot of what they were producing a couple years ago is barely trickling out already.

2 posted on 11/18/2015 9:03:41 AM PST by thackney (life is fragile, handle with prayer)
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