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Gas Prices


Innervision
06-12-2009, 06:34 PM
According to Yahoo news, gas prices have risen 41 days in a row. Refinery problems are shown as high prices but as you know imagine there are big players in gas industry. Some people say that oil demand is still weak. So how this is happening? If demand is weak then prices should go down. What’s your opinion?

oldblu65
06-14-2009, 11:24 AM
With the true " supply and demand " , prices do go down when supplies are high and demand is low . The modern day gas price fluctuation has nothing to do with the old " supply and demand " theory . It is manipulated daily to raise the profit level for the oil companies . Obama and his Democrat controlled Congress have their nose's in everyone's financial business , telling everyone what they are allowed to do , except the oil companies and the speculators . If he really wants to help the working man and the economy recover , go after those people . Just my :2cents:

cadee
10-03-2010, 02:03 AM
Gas prices has nothing to do with "demand and supply" theory. There are many other factors which affects the price, world politics being the most important.

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