On Sun, 27 Feb 2011 21:24:46 -0800, jps wrote:

On Sun, 27 Feb 2011 19:50:35 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, jps wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

I am a large stakeholder in my own corporation, and it's run very
efficiently. But it's not in the oil industry where competitors work
in collusion. I have competitors in what's called a free market.

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now. The only collusion
involved is supply and demand.

On 2/28/11 5:44 AM, Wayne.B wrote:
On Sun, 27 Feb 2011 21:24:46 -0800, wrote:

On Sun, 27 Feb 2011 19:50:35 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

I am a large stakeholder in my own corporation, and it's run very
efficiently. But it's not in the oil industry where competitors work
in collusion. I have competitors in what's called a free market.

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now.

The only collusion
involved is supply and demand.


That last sentence is hilarious, Wayne.

On Mon, 28 Feb 2011 05:48:22 -0500, Harryk
wrote:

The only collusion
involved is supply and demand.


That last sentence is hilarious, Wayne.

Simple things amuse simple people.

On 2/28/11 9:42 AM, Wayne.B wrote:
On Mon, 28 Feb 2011 05:48:22 -0500,
wrote:

The only collusion
involved is supply and demand.


That last sentence is hilarious, Wayne.

Simple things amuse simple people.


That's what I thought about your "anything else is socialism" bull****.

On Mon, 28 Feb 2011 05:44:56 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 21:24:46 -0800, jps wrote:

On Sun, 27 Feb 2011 19:50:35 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, jps wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

I am a large stakeholder in my own corporation, and it's run very
efficiently. But it's not in the oil industry where competitors work
in collusion. I have competitors in what's called a free market.

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now. The only collusion
involved is supply and demand.

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.

On 2/28/11 12:03 PM, jps wrote:
On Mon, 28 Feb 2011 05:44:56 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 21:24:46 -0800, wrote:

On Sun, 27 Feb 2011 19:50:35 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

I am a large stakeholder in my own corporation, and it's run very
efficiently. But it's not in the oil industry where competitors work
in collusion. I have competitors in what's called a free market.

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now. The only collusion
involved is supply and demand.

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.


It's corporate collusion.

On 2/28/2011 12:03 PM, jps wrote:

involved is supply and demand.
As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.
They got you by the gonads. You can't do anything about it. Oh wait.
there is something you can do. Take the bus.

On Mon, 28 Feb 2011 09:03:59 -0800, jps wrote:

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now. The only collusion
involved is supply and demand.

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.

Of course it is. The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. There is no big tank labeled
reserves. It is the sum total of inventory on hand.

On Mon, 28 Feb 2011 15:12:42 -0500, Wayne.B
wrote:

On Mon, 28 Feb 2011 09:03:59 -0800, jps wrote:

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now. The only collusion
involved is supply and demand.

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.

Of course it is. The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. There is no big tank labeled
reserves. It is the sum total of inventory on hand.

That's a bunch of crap. Those markets are manipulated as are the
stock prices you hold so dear. Let's see how much you like 'em when
they take the next dump.

On Mon, 28 Feb 2011 22:29:11 -0800, jps wrote:

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.

Of course it is. The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. There is no big tank labeled
reserves. It is the sum total of inventory on hand.

That's a bunch of crap. Those markets are manipulated as are the
stock prices you hold so dear. Let's see how much you like 'em when
they take the next dump.

Let's see if I understand this. When asset prices are moving in a
direction that is favorable to you, it's because you are a shrewd
investor and money manager. When values move in an unfavorable
direction it is because you are being manipulated?

Thanks, think I've got it now.