Friday, July 23, 2010

Did Exxon forgot to raise the price of oil = Iran crisis?

lol


I was wondering because the price did not go up in my town. Maybe they're arguing amongst themselves about how high to go this time. Each time they raise it we drive less.


I expect $3.50 for premium in the coming week.Did Exxon forgot to raise the price of oil = Iran crisis?
Why? Does the Iran ';Crisis'; mean prices have to go up,I thought it was based on supply and demand.





You know,like how we could increase the supply anytime we wanted,if we drilled for the hundreds of billions of barrels here in the US,if Democrats didn't want to keep supply artificially low.





Besides,what crisis? Violence in the Middle East,like that's anything new.








ADDid Exxon forgot to raise the price of oil = Iran crisis?
No

No comments:

Post a Comment