Mark wrote:[color=blue]
> The market is efficient but there are always fluctuations while the
> price reaches equilibrium as conditions change. A lot of people bet on
> bad weather and $100 oil this summer and jumped into oil. They are now
> getting burned because the conditions they forecast never materialized.
> That's how the market works sometimes. It's efficient and a heckuva
> lot better than some numbskull politician deciding that profits are
> "excessive". When profits go up, more supply comes on board and prices
> decrease as supply and demand equalize. It's basic macro-economics,
> not that I would expect Richard to be able to understand.
>[/color]
I haven't even posted my opinion you stupid fuck. What, are you afraid
of confronting Joe directly? PUSSY
[color=blue]
>
> JoeSpareBedroom wrote:[color=green]
> > "Mark" <bogusmailmark@yahoo.com> wrote in message
> > news:1164030620.382972.17160@b28g2000cwb.googlegroups.com...[color=darkred]
> > >
> > > JoeSpareBedroom wrote:
> > >> "Mark" <bogusmailmark@yahoo.com> wrote in message
> > >> news:1164029347.080171.275710@e3g2000cwe.googlegroups.com...
> > >> >
> > >> > JoeSpareBedroom wrote:
> > >> >> "Scott in Florida" <askifyouwant@mindspring.net> wrote in message
> > >> >> news:gmp0m2di425sdtnlblrfavfhd2gnpc7v9s@4ax.com...
> > >> >> > Surprise, Surprise....
> > >> >> >
> > >> >> > The Dims want to raise taxes and gas prices....
> > >> >> >
> > >> >> > [url]http://hosted.ap.org/dynamic/stories/C/CONGRESS_ENERGY?SITE=7219&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2006-11-19-03-54-44[/url]
> > >> >> >
> > >> >> > Scott in Florida
> > >> >> >
> > >> >>
> > >> >> That's not what the article says, dummy. And, you have no evidence
> > >> >> that
> > >> >> price hikes would be the result of the legislation described.
> > >> >
> > >>
> > >> > Oh no, another Economics drop-out...
> > >> >
> > >> > What do you think happens to the price when it becomes more expensive
> > >> > to explore for new sources? Do you think the government should set
> > >> > prices or should there be a balance of supply and demand? Which
> > >> > alternative results in a shortage of gasoline?
> > >> >
> > >>
> > >> 1) Without knowing the actual numbers, you have no way of knowing what
> > >> impact the increased taxes would have on the final price.
> > >>
> > >> 2) The article said nothing about the government setting prices, nor was
> > >> it
> > >> even implied.
> > >>
> > >> 3) The major price swings we've seen over the past year were due more to
> > >> speculation in oil futures. The most recent drop, however, came as the
> > >> result of the success of Jack #2 well, by Chevron.
> > >[/color]
> >
> >[color=darkred]
> > > Dude, the Dims believe the oil companies are making excessive profits
> > > and want to limit those, therefore they are indirectly setting
> > > prices... haven't you had your coffee yet???[/color]
> >
> > Over 50 cents of the recent price swings was based on vapor. No decrease in
> > supply, no threat to supply, no material change to the business at all.
> > Purely game playing. You would never put up with that with any other
> > product, if you had a choice.[/color][/color]
