|
![]() ![]() ![]() |
This topic is archived. |
Home » Discuss » General Discussion |
![]() |
enough
![]() |
Sat May-14-11 08:33 AM Original message |
Exxon CEO Admits that Oil Should Be $60-70 Dollars a Barrel Based on Supply and Demand |
Printer Friendly | Permalink | | Top |
kentuck
![]() |
Sat May-14-11 08:37 AM Response to Original message |
1. That means it should be about 40% less than today. |
Printer Friendly | Permalink | | Top |
wtmusic
![]() |
Sat May-14-11 09:09 AM Response to Original message |
2. If the futures contracts establish a fixed price |
Printer Friendly | Permalink | | Top |
badtoworse
![]() |
Sat May-14-11 09:30 AM Response to Reply #2 |
3. A futures contract only establishes a fixed price between two counterparties... |
Printer Friendly | Permalink | | Top |
tridim
![]() |
Sat May-14-11 10:41 AM Response to Reply #3 |
7. But delivery is never taken on the product at the speculated price |
Printer Friendly | Permalink | | Top |
badtoworse
![]() |
Sat May-14-11 12:18 PM Response to Reply #7 |
16. That's not how it works. One of them is a seller and the other is a buyer |
Printer Friendly | Permalink | | Top |
jillan
![]() |
Sat May-14-11 09:42 AM Response to Original message |
4. I think that was the biggest story that came out of those hearings. It should be on the front page |
Printer Friendly | Permalink | | Top |
hughee99
![]() |
Sat May-14-11 09:56 AM Response to Original message |
5. Yes, but the price isn't only determined by supply and demand |
Printer Friendly | Permalink | | Top |
tridim
![]() |
Sat May-14-11 10:42 AM Response to Reply #5 |
8. And since the speculators are in collusion they can "speculate" whatever price they want. |
Printer Friendly | Permalink | | Top |
badtoworse
![]() |
Sat May-14-11 12:23 PM Response to Reply #8 |
17. Do you have any evidence they're acting in collusion? |
Printer Friendly | Permalink | | Top |
The Backlash Cometh
![]() |
Sat May-14-11 10:21 AM Response to Original message |
6. We need to tax those son of a bitches and get our money back! |
Printer Friendly | Permalink | | Top |
somone
![]() |
Sat May-14-11 10:43 AM Response to Original message |
9. Fuckers |
Printer Friendly | Permalink | | Top |
Poll_Blind
![]() |
Sat May-14-11 11:16 AM Response to Original message |
10. The President's reaction: Drill for more oil! |
Printer Friendly | Permalink | | Top |
Hawkowl
![]() |
Sat May-14-11 11:23 AM Response to Reply #10 |
11. The President is an economic ignoramus |
Printer Friendly | Permalink | | Top |
Poll_Blind
![]() |
Sat May-14-11 11:26 AM Response to Reply #11 |
12. He's NOT an ignoramus. He's on their leash at best and one of them at worst. |
Printer Friendly | Permalink | | Top |
Hawkowl
![]() |
Sat May-14-11 11:49 AM Response to Reply #12 |
13. Yes, that's the alternative |
Printer Friendly | Permalink | | Top |
Poll_Blind
![]() |
Sat May-14-11 12:06 PM Response to Reply #13 |
14. So he's either an ignoramus or a bad person? |
Printer Friendly | Permalink | | Top |
Hawkowl
![]() |
Sat May-14-11 12:34 PM Response to Reply #14 |
18. He could be both |
Printer Friendly | Permalink | | Top |
Yon_Yonson
![]() |
Sat May-14-11 12:51 PM Response to Reply #10 |
20. Wall Street speculation versus oil drilling? |
Printer Friendly | Permalink | | Top |
Yon_Yonson
![]() |
Sat May-14-11 12:53 PM Response to Reply #10 |
21. Wall Street speculation versus drilling for more oil |
Printer Friendly | Permalink | | Top |
dkf
![]() |
Sat May-14-11 12:15 PM Response to Original message |
15. I've been thinking about what determines oil prices... |
Printer Friendly | Permalink | | Top |
Yon_Yonson
![]() |
Sat May-14-11 12:49 PM Response to Original message |
19. Shut eh down |
Printer Friendly | Permalink | | Top |
indepat
![]() |
Sat May-14-11 03:51 PM Response to Original message |
22. If former Secretary of the Treasury Paulson actually said there was no speculation |
Printer Friendly | Permalink | | Top |
DU
AdBot (1000+ posts) ![]() ![]() ![]() ![]() |
Sat Sep 07th 2024, 06:38 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » General Discussion |
![]() |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC