Posted on 09/05/2006 12:21:04 PM PDT by freemarket_kenshepherd
The reason why oil prices are falling is very simple: The high profits that oil companies make are encouraging investment in the oil industry, increasing supply, and forcing down the price.
If the Dems had it their way, there would be no profits in the oil industry, and there would be no increased oil supply.
And by the way, you don't get that kind of a result from a monopolistic industry. It only happens in a competitive industry, so the fact that oil prices are softening is proof of the success of the GOP policy of letting the market work.
slow-dimwitted vs the Rhodes scholar
What an intriguing reply to my Dem family members at the Thanksgiving table when castigating Bush about the gas conspiracy!!!
You are a genius!!
"Any opinions from people who know more than I?"
I trade oil futures and you are correct in the assumption that prices decline faster than they rally. This is true for all freely traded markets.
In the case of petroleum products they show a definite seasonal pattern. In the summer, when people vacation the demand for gasoline increases and so does the price. After Labor Day driving decreases rapidly and so do prices.
This seasonal has been going on for decades. It's just amazing that the MSM has never figured this out!
While that's probably true, I doubt they could fill what there are of them anyway... LOL
That's true, and I don't, will I guess I do have a pick-axe to grind.
Jack Cafferty is one of the biggest Clymers on television....He probably listens to Alex Jones at night.
Gas prices always go up for the summer vacation season. It's called supply and demand.
Yes, I did see Rove in the trading pit screaming "Sell!", "Sell."
My memo said 99.9 per
I disagree;
$2.50 is the break even pt
culture of corruption and gas prices have been taken off the table.
Hello,
$2.38 here in (parts of) SW St. Louis County....
Glad to be here, MOgirl
Watch in the spring when refineries change from winter gas to summer.
Thay take this low demand time to do alitle maintainence.
Prices always go up,dems claim 'gouging" and have hearings.
All predicitable.
Well I guess the best test is to just watch the prices leading up to Election Day, then look at the prices again at years' end.
If they sink like a stone........then go back up........oh wait never mind, "free markets". Yeah that's it.
(adjusts his tin foil hat proudly)
Gas fell about a nickel on the futures market today.
DAMN YOU KARL ROVE!
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