Faun
Diamond Member
- Nov 14, 2011
- 123,543
- 78,271
Now you're just posting evidence that you're delusional as I never made any such claim.You didn't say prices wouldn't come down?? Let's review what you said ...After you claimed prices wouldn't come down in the U.S. until global demand eased, even though prices actually came down 46% despite global demand, I would suggest you are among the last people to accuse others of having no idea about market forces.Now you're spouting nonsense. Of course Obama's policies have affected prices at the pumps. You can't increase production and decrease consumption and not have an effect on the price. I know you wish this were true, but it simply defies the laws of supply and demand.
Meanwhile, you actually posted global demand is up 5% and that prices in the U.S. wouldn't fall as long as global demand is up -- only prices in the U.S. actually fell dramatically despite your idiotic claim.![]()
Ok, I didn't realize I was working with a person with no idea about market forces. fracking was increasing the supply, OPEC doesn't want fracking because it hurts them. January is a low demand time for oil. OPEC wanted to slow fracking, they cut their prices and it did work, many in the Dakotas were laid off. The price fell and now with higher demand, with refineries closing down for maintenance we see the seasonal upswing in oil. It will peak in August as it does every year. Obama has NO effect on the price, none. That is your argument and it has been blown out of the water.![]()
I didn't say prices wouldn't come down, I said the world market determines prices, not US consumption. You are the person claiming that Obama has brought prices down through his policies, even though they have had no effect on the world market. Pretty simple, you claim Obama brought prices down, you are wrong. The world market determines the price.
"The U.S. has decreased consumption, the world, the arena that oil is sold on is up over 5% overall. Prices to the U.S. will not decrease as long as world demand is up."
Well there it is ... straight from your keyboard. Unless you claim someone else typed that?
Which all has nothing to do with your claim that Obama's policies have effected any of the prices worldwide.
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