Why does OIL keep dropping?

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Why does OIL keep dropping?
Anonymous Coward User ID: 5495590 United States 06/21/2012 03:09 PM Report Abusive Post Report Copyright Violation	Why does OIL keep dropping? i thought when there is an economic crisis like this oil would go up. why does it go down and where will it stop?

DanG User ID: 15299538 United States 06/21/2012 03:09 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? because the Planet is BROKE.
Anonymous Coward User ID: 108458 United States 06/21/2012 03:13 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? Simple economics: Decreased demand or increased supply; two ways of saying the same thing.
Anonymous Coward User ID: 4619492 United States 06/21/2012 03:20 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? demand destruction

Anonymous Coward User ID: 18337488 United States 06/21/2012 03:26 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? i thought when there is an economic crisis like this oil would go up. why does it go down and where will it stop? Quoting: hanchi People are fleeing to the dollar make it worth more. That makes it so you can pay less for the same amount of oil. Commodities go down as fiat currency goes up.
Anonymous Coward User ID: 16609398 United Kingdom 06/21/2012 03:28 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? Oh my god the price of oil is rising!!! DOOOOOOM!!!!!! Oh my god the price of oil is falling!!! DOOOOOOM!!!!!
mathetes User ID: 18119575 United States 06/21/2012 03:36 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? Simple economics: Decreased demand or increased supply; two ways of saying the same thing. Quoting: Anonymous Coward 108458 Very true, add to this the Saudis are ramping up production to break the Iranians For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Anonymous Coward User ID: 12559674 United States 06/21/2012 03:38 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? Gravity
Anonymous Coward (OP) User ID: 5495590 United States 06/21/2012 04:19 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? ok....
DeadBeacon User ID: 17611429 United States 06/21/2012 04:24 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? No job..no buy No buy..no ship No ship..no make No make..no job ....repeat. :Canadian F::State of Texas: "Misunderestimating is only 5/4 th's of the problem"! "Some choose to hear, few decide to listen". "Question what you know and know why you question". "GLP will never be the sane...uhhh...same". "The markets will determine the fate of government intervention, not government intervening in the market".

DougNTexas User ID: 17464380 United States 06/21/2012 04:49 PM Report Abusive Post Report Copyright Violation	Re: Why does OIL keep dropping? Where are all those jobs the new Republican Congress promised two years ago?
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