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<blockquote data-quote="paidslave" data-source="post: 379117" data-attributes="member: 10762"><p>BRETT, (Its called a world market. The oil goes where its needed. If the world market has more oil the price goes down. Simple supply and demand)</p><p> </p><p>I have to dissent with simple supply and demand theory. There has always been a demand for oil and there has always been a supply of oil. This market is inflated by fear in the middle east Created by the Bush Administration.</p><p> </p><p>Here is a nice supply of oil.......</p><p> </p><p>WASHINGTON - Iraq’s oil reserves could be nearly twice as large as previously estimated, containing more than 200 billion barrels, a new analysis of the war-torn country’s oil resources says.</p><p> </p><p> Iraq is now occupied by the U.S and Iraq is sitting on the 4 largest OIL reserve in the world. In theory, We own the 4th largest OIL reserve and OIL prices have tripled since the war. This OIL was supposed to pay for the War from what the Bush Admin. has told us. This has not happened and the OIL companys have hoarded the profits to themselves.</p><p> </p><p>my2cents</p></blockquote><p></p>
[QUOTE="paidslave, post: 379117, member: 10762"] BRETT, (Its called a world market. The oil goes where its needed. If the world market has more oil the price goes down. Simple supply and demand) I have to dissent with simple supply and demand theory. There has always been a demand for oil and there has always been a supply of oil. This market is inflated by fear in the middle east Created by the Bush Administration. Here is a nice supply of oil....... WASHINGTON - Iraq’s oil reserves could be nearly twice as large as previously estimated, containing more than 200 billion barrels, a new analysis of the war-torn country’s oil resources says. Iraq is now occupied by the U.S and Iraq is sitting on the 4 largest OIL reserve in the world. In theory, We own the 4th largest OIL reserve and OIL prices have tripled since the war. This OIL was supposed to pay for the War from what the Bush Admin. has told us. This has not happened and the OIL companys have hoarded the profits to themselves. my2cents [/QUOTE]
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