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Speculators Are Driving Oil Prices Down!!!!

Mike

Well-known member
kolanuraven said:
Mike said:
Down to $124.

Shouldn't we police these unscrupulous folks better? :lol: :lol: :lol: :lol:


YES cause it should have never got to the $140+ in the first place!!!

It's called "Price Discovery". You know a better way? :roll:
 

kolanuraven

Well-known member
Mike said:
kolanuraven said:
Mike said:
Down to $124.

Shouldn't we police these unscrupulous folks better? :lol: :lol: :lol: :lol:


YES cause it should have never got to the $140+ in the first place!!!

It's called "Price Discovery". You know a better way? :roll:


More commonly called ROBBERY!


Only a Rep. would call ROBBERY...."Price Discovery" :roll: :roll: :roll:
 

Mike

Well-known member
From The Financial Dictionary:

Price Discovery
A method of determining the price for a specific commodity or security through basic supply and demand factors related to the market.

Notes:
Price discovery is the general process used in determining spot prices. These prices are dependent upon market conditions affecting supply and demand. For example, if the demand for a particular commodity is higher than its supply, the price will typically increase (and vice versa).

_______________________________________________________
Gasoline is much higher in Europe than in the USA with the very same oil prices worldwide. How can this be? :lol: :lol: :lol: :lol: :lol:
 

kolanuraven

Well-known member
Yeah, we got some of them " Price Discoverers" around here. :lol: :lol:


When they FINALLY get caught discovering how much they can get for, say the neighbors tree stand or TV, they go to jail.


Sure got you flustered enough to go getting ' technical' on the topic.

If you like getting robbed or as you call it ' discovered"....I'll send some of the ' local discoverers' over to you then.
 

Mike

Well-known member
kolanuraven said:
Yeah, we got some of them " Price Discoverers" around here. :lol: :lol:


When they FINALLY get caught discovering how much they can get for, say the neighbors tree stand or TV, they go to jail.


Sure got you flustered enough to go getting ' technical' on the topic.

If you like getting robbed or as you call it ' discovered"....I'll send some of the ' local discoverers' over to you then.

I might enjoy jabbing back and forth with you if you actually knew what you were talking about.

I have plenty of local thieves here, thank you.

Now. Can you answer the question? :roll:
 

kolanuraven

Well-known member
Mike said:
kolanuraven said:
Yeah, we got some of them " Price Discoverers" around here. :lol: :lol:


When they FINALLY get caught discovering how much they can get for, say the neighbors tree stand or TV, they go to jail.


Sure got you flustered enough to go getting ' technical' on the topic.

If you like getting robbed or as you call it ' discovered"....I'll send some of the ' local discoverers' over to you then.

I might enjoy jabbing back and forth with you if you actually knew what you were talking about.

I have plenty of local thieves here, thank you.

Now. Can you answer the question? :roll:



No....cause I'm gonna take up yours and " huskers" habits and avoid the question all together.


Besides, I gotta run. Over and out!!!


Love ya!!! :wink: :wink:
 

Mike

Well-known member
Martin Jr. said:
Gas is higher in Europe because they add a lot of taxes for highway upkeep.

Correct! Would Kola call that Robbery? :lol:

At the moment, taxes in France make up about 70 percent of the pump price. For comparison, the U.S. federal gasoline tax of of 2005 was 18.4 cents per gallon, with each State adding between 10 and 33 cents of tax, according to Widipedia. That makes the maximum gasoline tax rate 17% in the U.S.
 
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