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Plunging oil prices may trigger unrest
CNNMoney ^
| 12/12/2014
| Mark Thompson
Posted on 12/12/2014 8:38:48 AM PST by Signalman
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To: nascarnation
Despite the best efforts of the regime, a nice break for oil consumers.But government is already trying to tax up the difference, and when prices rise again, the tax will stay.
81
posted on
12/13/2014 6:58:46 AM PST
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: iontheball
Let's get back to the days I remember, 30 cent a gal. gas. And the $1.25 minimum wage?
82
posted on
12/13/2014 7:00:21 AM PST
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Smokin' Joe
At least these are state legislators you’re talking about (I haven’t seen any federal gas tax legislation).
Those b@stards can be influenced by some local pressure, at least in most red states.
83
posted on
12/13/2014 8:19:51 AM PST
by
nascarnation
(Impeach, Convict, Deport)
To: thackney
I thought America was in new Industrial renesance.
To: thackney
This drop in oil prices SHOULD DROP grocery prices, and ALL consumer
goods being transported by trucks!! This SHOULD help create jobs!!!
85
posted on
12/15/2014 7:51:11 PM PST
by
Kit cat
(OBummer must go)
To: ontap
But when theyre bidding the market down we benefit. What is "bidding the market down"? Shorting stocks or futures puts upward pressure on the price of the instrument. Lack of bids at the offer price causes a lower price adjustment.
86
posted on
12/15/2014 7:55:14 PM PST
by
steve86
(Prophecies of Maelmhaedhoc OÂ’Morgair (Latin form: Malachy))
To: Kit cat
Abrupt pricing changes are never good for an economy. The stress created in various sectors (especially international trade and Fx markets) overwhelms the benefits.
87
posted on
12/15/2014 7:58:53 PM PST
by
steve86
(Prophecies of Maelmhaedhoc OÂ’Morgair (Latin form: Malachy))
To: steve86
“Shorting stocks or futures puts upward pressure on the price of the instrument” (when they cover).
88
posted on
12/15/2014 8:06:21 PM PST
by
steve86
(Prophecies of Maelmhaedhoc OÂ’Morgair (Latin form: Malachy))
To: American Constitutionalist
You said production. That is upstream, not the downstream side.
89
posted on
12/16/2014 4:26:39 AM PST
by
thackney
(life is fragile, handle with prayer.)
To: Kit cat
So where are the new jobs and lower prices? Gasoline has down for a while.
90
posted on
12/16/2014 4:40:49 AM PST
by
thackney
(life is fragile, handle with prayer.)
To: steve86
Bidding the market down is a euphemism. When there is a glut on the market the lack of activity causes the price to drop.
91
posted on
12/16/2014 5:04:26 AM PST
by
ontap
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