On 12/4/2014 8:23 PM, Wayne.B wrote:
On Thu, 4 Dec 2014 14:51:13 -0800 (PST), Tim
wrote:

Wow, todays oil is almost half price from June. This may help the economy. I know it will make a lot of other commodities more reasonable too.

Hope it helps with the boat fuel next year....

http://www.forbes.com/sites/billgrei...into-collapse/


===


I hope it helps with boat fuel also.

So where are all the conspiracy theories about how these price
declines are being caused by greedy speculators and crooked bankers?

I forget, supply and demand theory only works when prices are going
down, not when going up. My bad.


Maybe Harry will let us hoard some by storing it in his "red barn" or
make believe boat.



I really don't understand all of the oil pricing stuff. Isn't a lot of
the price decrease a result of putting pressure on Russia who depends on
a $90 per barrel (min) price to keep their economy afloat?

It would be nice for the consumers if the prices stay low but I have a
hunch this is a temporary dip.