Why oil prices are high

Current Events » in reply to From the "Why Didn't I Think of That" department:

Tom Brosz — 3/30/2004 7:56:33 PM (archived)

From the Wall Street Journal.

Short answer: high demand, not as much production. Market answer: higher prices. This is how it's supposed to work, folks. I remember when civilization was going to collapse when gasoline was deregulated and went from 35 cents a gallon to over a dollar.

The whole thread (10 posts)

From the "Why Didn't I Think of That" department: - Tom Brosz - 3/30/2004 7:35:28 PM
- Well, Tom, wrong board for answering that. - Bowser - 3/30/2004 8:31:03 PM
  - re: Well, Tom, wrong board for answering that. - gbaikie - 3/31/2004 12:24:55 AM
    - re: "And have infrastructure in place that allow these reserves to be used." - alcaray - 3/31/2004 9:44:40 PM
    - re: Well, Tom, wrong board for answering that. - Tony - 3/31/2004 1:48:27 AM
    - Thank you, God. Just when I was beginning to miss ed, along comes a savior. (n/t) - Bowser - 3/31/2004 1:17:02 AM
  - You know, it must be so damn easy just to sit there and make crap up. - Tom Brosz - 3/30/2004 11:54:02 PM
- Why oil prices are high - Tom Brosz - 3/30/2004 7:56:33 PM
  - re: Why oil prices are high - Lee - 4/16/2004 7:01:47 AM
  - Wait, so the production curve is flattening while the demand curve continues upward? - jms - 4/1/2004 3:04:10 PM

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