SUBSIM Radio Room Forums - View Single Post - No more "supply and demand" in oil business: a "bubble that will burst"

Skybird · 02-28-08, 12:17 PM

On the question why oil prices are so high and no longer seem to be linked to the old law that supply and emand regulates prices in forseeable dimensions:

http://www.spiegel.de/international/...538412,00.html

When close to the half of the oil business is held by speculators these days, what do you expect...?

02-28-08, 12:17 PM	#1
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,612 Downloads: 10 Uploads: 0	No more "supply and demand" in oil business: a "bubble that will burst" On the question why oil prices are so high and no longer seem to be linked to the old law that supply and emand regulates prices in forseeable dimensions: http://www.spiegel.de/international/...538412,00.html When close to the half of the oil business is held by speculators these days, what do you expect...? __________________ If you feel nuts, consult an expert.