July 14, 201511 yr Iran will add millions of barrels of oil to the current supply glut, yet we're still at $3.00 gas lol.
July 14, 201511 yr Author Nothing to it just free market economy. Lol We have dealt with people like them throughout history: Saddam Hussein, Osama bin laden, etc. Heck, we dealt with them before remember Reagan? I honestly have mixed feelings , but leaving them over just to raise heck in the area and share everything they discover with every terrorist unnerves me more than trying to strike a deal. There is supposed to be a more liberal younger generation. Maybe trade and an opening of Iran will allow them to take power.
July 14, 201511 yr Not to mention the billions in cash to Iran as a signing bonus from the U.S. taxpayer..
July 14, 201511 yr Just for you JA.... Gas Prices to Soon Dip Below $2 Of course I'm sure once you've paid $1.95 or so a gallon for a couple months people will start whining about how it should be even cheaper.
July 14, 201511 yr Just for you JA.... Gas Prices to Soon Dip Below $2 Of course I'm sure once you've paid $1.95 or so a gallon for a couple months people will start whining about how it should be even cheaper. Funny part is if you understand supply and demand it should be near $2.25-2.35 now. We're still paying Katrina like levels with half of the price of Katrina oil. Wish someone could explain that to me.
July 14, 201511 yr Funny part is if you understand supply and demand it should be near $2.25-2.35 now. We're still paying Katrina like levels with half of the price of Katrina oil. Wish someone could explain that to me. You don't understand how business works, do you? You do business to make money. Period. End of story. Why should the oil and gas companies not try and maximize profits? Instead of constantly complaining about it, why don't you stop driving and try to do something about it to change the prices?
July 14, 201511 yr Sorry but you can't deal with people like Iran. Given they were recently acquiring or attempting to acquire nuclear material in violation of current agreements while in negotiations its sort of like marrying your girlfriend (or boyfriend) even though they cheated on you during the engagement.
July 14, 201511 yr Funny part is if you understand supply and demand it should be near $2.25-2.35 now. We're still paying Katrina like levels with half of the price of Katrina oil. Wish someone could explain that to me. The demand curve for crude oil and processed petroleum are related but different.
July 14, 201511 yr Great deal. IF you could trust Iran, but, you can't trust them. Should we worry? Eyes will be on them, if they make the wrong move, someone will take action, if not the west, at least Israel. Just like with Putin, who is the biggest danger in the world, you can't make these appeasements to people who are not even half sincere.
July 14, 201511 yr Iran is slowly being welcomed back into the community of countries, I expect a US Embassy back there soon.
July 14, 201511 yr You don't understand how business works' date=' do you? You do business to make money. Period. End of story. Why should the oil and gas companies not try and maximize profits? Instead of constantly complaining about it, why don't you stop driving and try to do something about it to change the prices?[/quote'] You don't understand supply and demand and apparently never will. If everything was your way gas would be 5 a gallon and all commodities would be increased by 200% so everyone can make max profits. Your ok with ignoring the fact that big oil has said repeatedly, supply and demand and the cost of oil is why gas has risen from 1.00 per gallon to 4.00 in a 15 year span. Yet now listen closely... Supply is UP and demand is down and oil prices are down. Yet we're still near 3.00 a gallon. That's as basic as I can put it for you. Then again, I'm trying to explain economics to someone who said OSU was going to get crushed in every December game on lol.
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