Should current crude oil prices really be that high?

Posted by admin
oil prices
drbob asked:


While acknowledging that current oil reserves worldwide are continuously being depleted, it seems to me that oil prices are now being governed not by supply and demand issues, but are being fuelled ( pun intended) by artificial worries based on “What if” scenarios, none of which have actually happened. Are we then just being taken for a ride by oil companies?

Florence
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    • This entry was posted on Monday, December 15th, 2008 at 12:17 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    5 Responses to “Should current crude oil prices really be that high?”

    1. Beeg Juan Says:
      December 17th, 2008 at 2:13 am

      The us currency is no longer the standard yes.

    2. qman Says:
      December 18th, 2008 at 6:52 pm

      It’s Bush making them Texas boys rich

    3. jennifer p Says:
      December 19th, 2008 at 12:52 pm

      The real reason they can out of money but your also right by.
      The outrageous prices the real reason they are charging crazy amounts of what theyve got left.

    4. instantdegrees_scam Says:
      December 20th, 2008 at 7:16 am

      The fall bummer.

    5. abenezerscroogexxx Says:
      December 21st, 2008 at 4:21 am

      The saudi energy minister they are bargain.