Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Who sets the price of oil?
Message
From
12/10/2004 16:05:19
 
 
To
11/10/2004 10:41:47
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
00950250
Message ID:
00950824
Views:
11
Hi Dragan,

Not any really good energy options in the U.S. but here are a few:

BioEnergy - promising, there must be enough waste out there to use!
geothermal - promising but not available everywhere
wind - available only in a few select locations
solar - can only provide a portion of a homeowner's energy reqmts
gas - fossil fuel that uses natural gas reserves and causes pollution
oil - fossil fuel and relies on external sources and contributes to the U.S. being an oil hog, pollutes, etc.
electric - generated by hydropower (impacts on watershed and kills many species of fish and aquatic life) or nuclear (scary) based
wood - causes the destruction of tropical forests (or so they say)...also adds particles and carbon to the air when it burns...
coal - cannot be used legally in the U.S. in new construction

Which do you use?

>>Hilmar,
>>
>>So you think it's out of control.
>>
>>But then why would prices go up UNLESS someone is making a nice buck on this?
>>
>>Someone *IS* making a nice buck! And it looks like it's the same person who sets the price. When you have a captive market - which is where things are now with oil - people HAVE TO BUY. The law of supply and demand is not operative in such cases, but it's awfully handy to make it look like it is the cause.
>>
>>something definitely stinks. I still guess it comes down to WHO is setting the price and what THEY get out of the price.
>
>Captive market is the key. When did addicts complain about the price? They'll buy their fix no matter what the price, and will only complain if there's a shortage.
>
>And the set of "oil junkie" countries is easy to enumerate.
.·*´¨)
.·`TCH
(..·*

010000110101001101101000011000010111001001110000010011110111001001000010011101010111001101110100
"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform