OIL MARKET: BREAKING: CME To Allow Listing Of Negative Oil Options Effective April 22!!!p836 | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:15 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:17 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 63916756 United States 12/10/2014 09:17 AM Report Abusive Post Report Copyright Violation | |
TeamReaper User ID: 64383755 United States 12/10/2014 09:18 AM Report Abusive Post Report Copyright Violation | "Demand" should not be higher, that would be a shift of the demand curve. "Quantity demanded" should be higher at a lower price, ceretis paribus. Market is trying to reach an equilibrium point, quantity demanded is falling, thus price is dropping. Market is not at an equilibrium point yet. There are other factors at play also, more consumers (China, ect) as well as producers (non OPEC producing), so there are also shifts of both curves occurring. It is a very dynamic situation, especially when you add in speculators who artificially manipulate the market. There is a lot more going on here than just quantity demanded being lower... a lot more. New wars are fought economically first. In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when it’s there. -Major ******, U-2 Pilot/Instructor/Flight Commander |
Anonymous Coward User ID: 25556645 United States 12/10/2014 09:18 AM Report Abusive Post Report Copyright Violation | Can't speak for everyone but, once the price reached above $1.30 a gallon, I had to change the way I lived. No more long family rides on the weekend, deer and turkey hunting trips and 2 to3 out of state vacations each year. Yeah I still gas for work and still do but, I stopped spending money like I did. I got use to doing less and see no way I'm going back to where I did. Even if the price goes down below a dollar gallon I'm not. Fuck them all! Go broke, eat shit and die! I hope the energy traders have to sell their children into the sex trade and suck the snotty end of a dick to survive! :shootboy:[youtube] |
Flying Cheeze User ID: 64317403 United States 12/10/2014 09:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 65931872 United Kingdom 12/10/2014 09:21 AM Report Abusive Post Report Copyright Violation | |
Sun Spot User ID: 1108306 United States 12/10/2014 09:23 AM Report Abusive Post Report Copyright Violation | Some thoughts are that alternative energies are starting to come on line. Currently more than 90% of crude oil is burned as fuel. In a thousand years they will look back and say how stupid we were to burn this once abundant and wonderful natural molecule that has so many good uses like plastic and other chemicals. Maybe now if these truly effeicent crude oil alternatives come on line the world will be a much better place [link to lockheedmartin.com] Lockheed Martin says we are less that 10 years away. My guess there might be an oil bounce but the trend is down down down. |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:25 AM Report Abusive Post Report Copyright Violation | |
rp : ) User ID: 65930692 United Kingdom 12/10/2014 09:26 AM Report Abusive Post Report Copyright Violation | Demand would be higher if the economy were soaring and businesses were travelling, cutting deals, etc... Instead we have this economy... i keep stepping back and looking at fundaments and cant stop feeling that the principles of an economic system built on competition and growth has a finite time span when one gets to the point of the selected winner (tptb), depleted sources, and a stripped consumer base thats loosing sentiment and as it progresses its inevitable development wd tend towards what were seeing today- (@ 14.44) "Richard Wolff, visiting professor of international affairs at The New School" (boom bust rt today) [link to www.youtube.com (secure)] |
messi17 User ID: 65886903 France 12/10/2014 09:28 AM Report Abusive Post Report Copyright Violation | |
g.r.i.t.s. User ID: 65332789 United States 12/10/2014 09:28 AM Report Abusive Post Report Copyright Violation | Don't cheer too loudly. Our economy is tied to the price of oil. Complain all you want about Phillips, Oxy Pet, Haliburton, etc, but they all employ millions of people and purchase billions of dollars worth of products from suppliers that employ millions of people. You knock over that first domino and 2008 will look like a wet dream. IF we were going to drive the price of oil down it would have been better to do it over a couple of decades, except that at some point we're going to run out anyway. Quoting: Anonymous Coward 65576460 If the people are good, G-d will provide. Rains in the right season, etc. |
g.r.i.t.s. User ID: 65332789 United States 12/10/2014 09:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:51 AM Report Abusive Post Report Copyright Violation | |
SkinnyChic User ID: 59666502 United States 12/10/2014 09:52 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:52 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 09:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 10:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 10:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 12781064 United States 12/10/2014 10:04 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 57319709 United States 12/10/2014 10:05 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 65904733 Portugal 12/10/2014 10:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 47407422 United States 12/10/2014 10:12 AM Report Abusive Post Report Copyright Violation | |
told ya User ID: 28331610 Belgium 12/10/2014 10:15 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 65931005 Italy 12/10/2014 10:15 AM Report Abusive Post Report Copyright Violation | |