Comments on: Oil Price Manipulation? http://allfinancialmatters.com/2008/09/04/oil-price-manipulation/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: nicosa54 http://allfinancialmatters.com/2008/09/04/oil-price-manipulation/comment-page-1/#comment-408392 nicosa54 Tue, 17 Mar 2009 01:02:56 +0000 http://allfinancialmatters.com/?p=2806#comment-408392 thank you for thiis interesting ticket, if only peopple understand what you say :) it s nice to vvisit this interesting blog :) thank you for thiis interesting ticket, if only peopple understand what you say :) it s nice to vvisit this interesting blog :)

]]> By: Dlaw http://allfinancialmatters.com/2008/09/04/oil-price-manipulation/comment-page-1/#comment-357686 Dlaw Sun, 07 Sep 2008 18:15:55 +0000 http://allfinancialmatters.com/?p=2806#comment-357686 It's a bubble. IT IS A BUBBLE. Why is this so hard for people to understand? Oil is a traded commodity, therefore it can be subject to a bubble just like any other traded product. It’s a bubble.

IT IS A BUBBLE.

Why is this so hard for people to understand?

Oil is a traded commodity, therefore it can be subject to a bubble just like any other traded product.

]]> By: Eldon http://allfinancialmatters.com/2008/09/04/oil-price-manipulation/comment-page-1/#comment-356678 Eldon Fri, 05 Sep 2008 13:17:58 +0000 http://allfinancialmatters.com/?p=2806#comment-356678 WSJ reported maybe as long ago as 2 years, about the time oil prices were rising, that Saudia Arabia had so much UNSOLD oil that they were storing it on tankers which is a very expensive proposition. While oil may be harder to find and produce I find it hard to believe that oil prices and their dramatic rise is strictly due to supply and demand. It just doesn't work that way. WSJ reported maybe as long ago as 2 years, about the time oil prices were rising, that Saudia Arabia had so much UNSOLD oil that they were storing it on tankers which is a very expensive proposition. While oil may be harder to find and produce I find it hard to believe that oil prices and their dramatic rise is strictly due to supply and demand. It just doesn’t work that way.

]]> By: Matt http://allfinancialmatters.com/2008/09/04/oil-price-manipulation/comment-page-1/#comment-356418 Matt Thu, 04 Sep 2008 20:35:52 +0000 http://allfinancialmatters.com/?p=2806#comment-356418 I'm not sure if this is happening in the US but here in Toronto I've been watching the price of Gas and the price of Oil and the drop in the price of oil hasn't had as big a dent in the price of gas. I think there's a lot of profit taking happening in that industry and maybe even some gauging. Have you noticed that the price of gas has been dropping in tandem with the drops in the price of oil or are the prices of gas lagging a bit too much? I really wish that the oil companies that are profiting so much from the high oil prices started investing this money into alternate energy sources. They've got the capital to help push the switch to alternate energy and profit on it at the same time (eventually the alternate energy sources will become viable where will they stand then?) I’m not sure if this is happening in the US but here in Toronto I’ve been watching the price of Gas and the price of Oil and the drop in the price of oil hasn’t had as big a dent in the price of gas. I think there’s a lot of profit taking happening in that industry and maybe even some gauging. Have you noticed that the price of gas has been dropping in tandem with the drops in the price of oil or are the prices of gas lagging a bit too much?

I really wish that the oil companies that are profiting so much from the high oil prices started investing this money into alternate energy sources. They’ve got the capital to help push the switch to alternate energy and profit on it at the same time (eventually the alternate energy sources will become viable where will they stand then?)

]]> By: "Mo" Money http://allfinancialmatters.com/2008/09/04/oil-price-manipulation/comment-page-1/#comment-356406 "Mo" Money Thu, 04 Sep 2008 20:18:47 +0000 http://allfinancialmatters.com/?p=2806#comment-356406 There are so many factors in the price of oil, it is very hard to pinpoint the factor that is effecting oil today. Long term we need to realize the price will go up, due to increased consumption in the world. There are so many factors in the price of oil, it is very hard to pinpoint the factor that is effecting oil today. Long term we need to realize the price will go up, due to increased consumption in the world.

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