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Commodities (Economy) 

Recent discussions about Commodities (Economy) at the Godlike Productions forum.

In economics, a commodity is the generic term for any marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.The more specific meaning of the term commodity is applied to goods only. It is used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it. "From the taste of wheat it is not possible to tell who produced it, a Russian serf, a French peasant or an English capitalist." Petroleum and copper are examples of such commodities. The price of copper is universal, and fluctuates daily based on global supply and demand. Items such as stereo systems, on the other hand, have many aspects of product differentiation, such as the brand, the user interface, the perceived quality etc. And, the more valuable a stereo is perceived to be, the more it will cost.

Source: Wikipedia

 ThreadPosterRepliesViewsRatingPostedUpdated
I’m literally on my way to buy gourmet corn dogs AMAAnonymous Coward8293
(3)
09/29/22
2:58 PM
09/29/22
4:10 PM
Famous German Youtuber "Commander Krieger" admits sabotaging Gas Pipelines "Nordstream 1" and "Nordstream 2"Anonymous Coward0246N/A09/29/22
12:14 PM
09/29/22
12:14 PM
Swedish authorities have released a new video from the Nord Stream gas leaks.Anonymous Coward1294N/A09/29/22
12:11 PM
09/29/22
12:14 PM
The red beast from the far east sabotaged the gas line. They have most to gain.Anonymous Coward7166
(1)
09/29/22
11:24 AM
09/29/22
12:04 PM
Duck Russia! Let's just supply Europe with gas from the good ole USA!Anonymous Coward0178
(1)
09/29/22
10:02 AM
09/29/22
10:02 AM
Gas pipeline to Crimea in the Kherson region has been destroyed and is burning
Page 1, 2, 3, 4, 5, 6, 7, 8
Anonymous Coward21614,553
(24)
09/28/22
6:10 PM
09/29/22
8:56 AM
Small town here in VA got dirty gasAnonymous Coward7306N/A09/29/22
6:24 AM
09/29/22
6:51 AM
The US destroying the GAS Pipelines to Europe is not funny, many innocent will dieanonymous5372
(1)
09/29/22
3:22 AM
09/29/22
5:58 AM
The Coast Guard of Sweden discovered the fourth gas leak from the "Nordic Streams".Anonymous Coward3213N/A09/29/22
1:54 AM
09/29/22
2:17 AM
Sweden's coast guard earlier this week discovered a fourth gas leak on the damaged Nord Stream pipelinesinna0148N/A09/29/22
1:09 AM
09/29/22
1:09 AM
Reportedly a gas pipeline to Crimea in the Kherson region has been destroyed and is burningBattleOfArmageddon3343
(1)
09/28/22
5:36 PM
09/28/22
9:13 PM
After Nord Stream 2 banned, Russia said : "Welcome to brave new world, EU facing mega-gas price HIKE !!"TIO JUAN6386
(2)
02/22/22
9:44 PM
09/28/22
8:38 PM
BREAKING: Germany Halts Certification On Russian Gas Pipeline Project NORD-STREAM 2Sundecoder10523
(2)
02/22/22
8:17 AM
09/28/22
8:38 PM
There is no way gold isn't coming back upTheBaker12366
(1)
09/28/22
7:45 AM
09/28/22
8:01 PM
Strong Winds Sends Methane Gas in the Air ( Video )Anonymous Coward4262N/A09/28/22
6:30 PM
09/28/22
7:28 PM
Would You Rather Poo At A Gas Station Or Your Home Which Is Miles Away?Anonymous Coward9196N/A09/28/22
5:58 PM
09/28/22
6:19 PM
The Geopolitics of Gas and the Syrian Crisis: Syrian “Opposition” Armed to Thwart Construction of Iran-Iraq-Syria Gas Pipeline
Page 1, 2, 3
Anonymous Coward714,077
(23)
08/26/13
1:03 AM
09/28/22
5:47 PM
BREAKING: Biden to oil industry: Don't raise prices before midterm elections as hurricane nears. ONLY DEMOCRATS CAN RAISE PRICES.lWTF IS THIS SHIT?6344
(1)
09/28/22
2:16 PM
09/28/22
3:26 PM
ME Pump Gas? My hired help always does that!Anonymous Coward4199
(1)
09/28/22
2:41 PM
09/28/22
3:17 PM
ALSO TODAY: Poland Opens New Gas Pipeline Between Norway and Poland, After Thanking US for Nordstream Leaks
Page 1, 2, 3, 4
Sundecoder1084,841
(17)
09/27/22
3:46 PM
09/28/22
1:15 PM
Poland's former minister of national defense & foreign minister has posted "Thank you, USA" with a picture of the Nord Stream gas lBattleOfArmageddon20859
(4)
09/27/22
12:47 PM
09/28/22
1:15 PM
CLIMATE CHANGE - Fart detectors to be installed everywhere. If farts exceed 2,000mls of gas per day. $100 fine..FART DETECTORS1208N/A09/28/22
1:09 PM
09/28/22
1:15 PM
The Nordstream 2 Pipeline Allows Russia To Send Gas To Western Europe Without Paying Transit Fees To Ukraine And PolandMason Firefly2267N/A09/28/22
12:21 PM
09/28/22
12:34 PM
Could existing N. Gas pipelines deliver greater amounts with addition of more compressors/pumps?Anonymous Coward3160N/A09/28/22
10:16 AM
09/28/22
12:06 PM
There is not actual methane gas shortageAnonymous Coward1167N/A09/28/22
11:02 AM
09/28/22
11:19 AM
I am cool with cia blowing up pipelines as long i dont pay extra for gas + extra tip for themAnonymous Coward16272N/A09/28/22
9:56 AM
09/28/22
11:05 AM
EU threatens 'strongest possible response' to Putin for 'deliberate' sabotage of Nordstream gas pipeline – amid fears KremliCoastie Patriot6277
(2)
09/28/22
10:10 AM
09/28/22
10:22 AM
If gas prices went up because of "Putin's Price Hike" does Putin get credit for lower gas prices??Anonymous Coward1118N/A09/28/22
10:13 AM
09/28/22
10:16 AM
Norway's North Sea oil rigs step up security after being buzzed by mysterious drones: Fears of 'deliberate attack' on off-shore platforCoastie Patriot0132N/A09/28/22
10:07 AM
09/28/22
10:07 AM
Dxy continuing to surge, Bitcoin and gold continuing to puke.Anonymous Coward3295
(1)
09/28/22
5:28 AM
09/28/22
8:58 AM
Texas cattle ranchers audited by IRS issue dire warning to AmericansAnonymous Coward101,147
(3)
09/28/22
4:56 AM
09/28/22
8:32 AM
Why Do People Believe Silver Is Going To $700 An Ounce?
Page 1, 2, 3
Anonymous Coward762,535
(4)
09/26/22
5:35 PM
09/28/22
8:22 AM
U.S blew up Russian Gas Pipelines says former Polish Defense MomisterAnonymous Coward3358
(5)
09/28/22
4:53 AM
09/28/22
6:54 AM
12 days ago: Putin Tells Europe: Open Nord Stream 2 If You Want GasAnonymous Coward1263N/A09/28/22
6:11 AM
09/28/22
6:16 AM
Israel sees gas exports to Europe boom.Baffling9345
(7)
09/28/22
4:57 AM
09/28/22
5:53 AM
Nord Stream: Explosions recorded prior to discovery of major gas leaks
Page 1, 2
Anonymous Coward432,753
(5)
09/27/22
8:42 PM
09/28/22
5:03 AM
UPDATED (GERMANY CONFIRMS) Casus belli: Three separate gas pipelines from Russia to Germany failing within 24 hours
Page 1, 2, 3, 4, 5, 6, 7, 8
Anonymous Coward23212,007
(35)
09/26/22
9:10 PM
09/28/22
3:04 AM
Remember Obama blew up. i mean remember the oil well accident in the gulf when obama was president..Anonymous Coward2216
(1)
09/27/22
8:19 PM
09/27/22
11:29 PM
Your gold, crypto, stocks, bonds, deeds will be worth nothingHotep Ra8661
(5)
09/27/22
9:11 PM
09/27/22
10:37 PM
The CIA warned Berlin about a possible attack on gas pipelines in the Baltic Sea “weeks ago,”inna6337
(2)
09/27/22
10:03 PM
09/27/22
10:19 PM
End of Oil and Gas Extraction: Weakening magnetic field making it near impossible to continue sucking the blood of the Earth.Anonymous Coward13571
(3)
05/05/22
7:08 PM
09/27/22
9:32 PM
Norway raises emergency level, coordinating with armed forces over oil and gas drone threatAnonymous Coward1178N/A09/27/22
8:43 PM
09/27/22
8:46 PM
Drinking coffee is healthy thing to do say scientists who studied coffee drinking
Page 1, 2
Anonymous Coward32999
(5)
09/27/22
12:21 AM
09/27/22
8:40 PM
Would significant destruction/disassemb​ly of all n.gas/oil pipelines from Russia to the EU end the NATO -Russia war? IE no way to get resourcesAnonymous Coward12361
(3)
09/12/22
12:53 PM
09/27/22
8:38 PM
Gas Prices Going Up AgainAnonymous Coward2153N/A09/27/22
7:05 PM
09/27/22
7:08 PM
Danish prime minister 'cannot rule out' sabotage to Russian gas pipelines
Page 1, 2, 3, 4
A Deplorable Neanderthal1044,443
(14)
09/27/22
9:06 AM
09/27/22
6:10 PM
Afghan Taliban sign deal for Russian oil products, gas and wheatTheRealRebel1150N/A09/27/22
6:03 PM
09/27/22
6:05 PM
Sitrep on Nord Stream 1 and 2 gas pipelinesAnonymous Coward11603
(4)
09/27/22
3:51 PM
09/27/22
5:53 PM
Russia: Gas extraction slows to a trickle. Fields becoming unstable. Pipelines blowing up. Halts supply to Europe.Anonymous Coward5346N/A09/05/22
4:26 PM
09/27/22
5:04 PM
Ohio: BP oil refinery blows up.Pressure Cooker0277N/A09/27/22
4:53 PM
09/27/22
4:53 PM
Denmark assesses that Nord Stream gas leaks were caused by a "deliberate act" and could not have been a result of accidents — PM MetteA Deplorable Neanderthal1242
(2)
09/27/22
3:57 PM
09/27/22
4:52 PM
Desperation and Panic: CO2 collectors to try to force stimulate oil and gas circulation in the Earth for extraction.Anonymous Coward1275N/A04/12/22
5:24 AM
09/27/22
4:45 PM
Europe: Pressure changes rupturing gas pipelines. Oil and gas power and fuel sources going bye bye...Planetary Vascular System0177
(2)
09/27/22
4:42 PM
09/27/22
4:42 PM
Military video of gas leaks in balticAnonymous Coward2331
(1)
09/27/22
12:52 PM
09/27/22
4:02 PM
Chyna's sabotaged gas line. Who has most to gain.Anonymous Coward9257
(1)
09/27/22
2:19 PM
09/27/22
3:08 PM
Potatus Miracle Is Over. Gas Prices Rising Again
Page 1, 2
Anonymous Coward31749
(3)
09/26/22
4:37 AM
09/27/22
2:53 PM
That's MY president! Yes he DID do that, he lowered out gas! Joe Biden demands the gas company's lower price more NOW!!Joe "Do it NOW!" Bid15375
(9)
09/27/22
1:37 PM
09/27/22
2:32 PM
Cancer-stricken woman's disease vanished... only to return when 49-year-old stopped taking cannabis oil and magic mushroomsCoastie Patriot1189N/A09/27/22
1:52 PM
09/27/22
2:15 PM
Woman Takes Cannabis Oil and Micro Doses Magic Mushrooms With Traditional Therapy: Cures Cancer, Returns After StoppingCaptain KC Jones2361
(2)
09/27/22
12:00 PM
09/27/22
1:29 PM
Gas up almost $1 in my area in the last weekhershy17401
(1)
09/26/22
12:26 PM
09/27/22
1:27 PM
Could Blimps transport N. Gas to the EU. Use trains, ships and wind currents to tow/direct the lighter than air blimps?Anonymous Coward2186N/A09/27/22
12:27 PM
09/27/22
12:57 PM
My thread about the UK<>Norway Gas pipeline being taken offline is about to come true 30th September 2022Destroyer of GLP Effect0271N/A09/27/22
11:28 AM
09/27/22
11:28 AM
So, if gas and oil pipelines are fair game then the stone age is upon usIO3163N/A09/27/22
11:15 AM
09/27/22
11:26 AM
Hemp Gasoline gets 400 Miles to the gallon and no harm t the environment but yet a stiil push ev bsIts all bullshit11510
(6)
09/17/22
5:34 PM
09/26/22
10:42 PM
Floridians panic buying gas in areas outside of the HurricaneAnonymous Coward1174N/A09/26/22
2:17 PM
09/26/22
10:13 PM
Lunatic Leftist Blames The Religious Right For High Gas PricesMason Firefly2226N/A09/26/22
6:35 PM
09/26/22
6:47 PM
How far down before Silver Uncouples?Askin' for a Friend..18788
(2)
09/26/22
6:45 AM
09/26/22
4:38 PM
Got gold - USD going down the tubes .. I have a bad feelingAnonymous Coward3325N/A09/26/22
11:17 AM
09/26/22
11:34 AM
Creamy Corn /Chicken Chowder with Avocado?Whang Chung13285N/A09/25/22
6:53 PM
09/26/22
11:19 AM
Very bearish for gold and crypto and real estateAnonymous Coward6358
(2)
09/26/22
9:30 AM
09/26/22
10:21 AM
City Bans Natural Gas– And Imposes A Regressive Energy Tax On Low-Income ResidentsAnonymous Coward0175
(1)
09/25/22
11:51 PM
09/25/22
11:51 PM
Sunday: COPPER. I live near one of the largest copper mines on earth. Twitter ThreadSt Tidbits the Odd12712
(3)
09/25/22
9:20 PM
09/25/22
11:08 PM
Would it save N. Gas by having furnace or boiler turn on at say 60 and off at 68 versus shorter burns when drops 2 degrees?Anonymous Coward2187N/A09/25/22
11:30 AM
09/25/22
8:21 PM
So one kilogram of hydrogen is equivalent to one gallon of gasoline. These researchers have lowered the cost of production to $1 a kilo.Anonymous Coward1250N/A09/25/22
5:50 PM
09/25/22
6:10 PM
Its CORN SongAnonymous Coward3242
(1)
09/25/22
5:24 PM
09/25/22
6:05 PM
The CEO of Pfizer is faking a COVID diagnosis to shill his snake oil.Anonymous Coward5294
(1)
09/25/22
12:24 PM
09/25/22
1:49 PM
If Egypt Suez Canal would bar ships carrying Russian origin NG/oil to the EU bet the EU would allow Nordstream to reopen LINKAnonymous Coward5206N/A09/23/22
12:27 PM
09/25/22
11:29 AM
Have China/etc lease Nordstream and ONLY sell NG/Oil to EU via pipeline. Shipping LNG from asia = massive pollution and retarded. LINKAnonymous Coward3208N/A09/23/22
12:11 PM
09/25/22
11:09 AM
Biden claims average price for gas in MOST states is less than $2.99.... Where ?? lol
Page 1, 2, 3, 4
Anonymous Coward1132,738
(9)
09/24/22
4:03 PM
09/25/22
12:12 AM
I Just Bought Ten Pounds Of Cheap Coffee
Page 1, 2
Anonymous Coward34814
(2)
09/24/22
8:25 PM
09/24/22
11:53 PM
Are Oversized Oil Drain Plugs A One Time Deal?DMIX33313380N/A09/24/22
9:32 PM
09/24/22
10:43 PM
Biden’s Gas Lies - Fact Checkers Are Nowhere To Be Found...In5Dgregg3199
(2)
09/24/22
5:14 PM
09/24/22
5:27 PM
What’s the GAS station situation like in your area?HisBeloved7776324
(1)
09/24/22
3:58 PM
09/24/22
5:19 PM
What happens when all of the Earth's oil is extracted?
Page 1, 2, 3
Anonymous Coward651,166
(5)
09/24/22
7:10 AM
09/24/22
3:18 PM
Walmart earnings and stock is down because Walmart shoppers can't afford the gasoline to drive thereWalmart Game Over6285N/A05/18/22
2:39 PM
09/24/22
5:58 AM
All I've eaten today is 9 cinnamon rolls and coffeeAnonymous Coward24371N/A09/24/22
2:31 AM
09/24/22
4:44 AM
Silver premiums are risingAnonymous Coward1287
(1)
09/24/22
3:01 AM
09/24/22
3:23 AM
Women cocks her fish with motor oilAnonymous Coward29782
(2)
09/23/22
11:50 PM
09/24/22
2:46 AM
65 super silver Corvette restomod at Jay leno's garage.DGN0166
(1)
09/23/22
10:45 PM
09/23/22
10:45 PM
I predict this kind of cattle rustling will return in a big way. VideoAnonymous Coward0163N/A09/23/22
8:46 PM
09/23/22
8:46 PM





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