tag:blogger.com,1999:blog-35777384.post3239054826468732172..comments2024-03-26T13:58:01.822-07:00Comments on The Dangerous Economist: Another Journalist Misunderstands Supply And DemandCyril Moronghttp://www.blogger.com/profile/07148864847009186694noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-35777384.post-86855737980694575912009-06-05T15:20:54.520-07:002009-06-05T15:20:54.520-07:00Carl
Thanks for dropping by and commenting. Hope ...Carl<br /><br />Thanks for dropping by and commenting. Hope things are going okay for your.<br /><br />The prices might be rising so fast now because the anticipated increase in demand (and therefore price) is very high. The more you think the price will rise in the future, the faster it will rise now.<br /><br />This is good because when the boom comes, more oil will be available since some is being held back now. The faster the price rises, the faster people try to conserve and use oil more efficiently.Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-45065667989468631402009-06-05T15:04:05.547-07:002009-06-05T15:04:05.547-07:00After reading the Times article and I agree that W...After reading the Times article and I agree that Walt does not support his initial comments in his article very well. I agree Cy and fear power of oil futures to quickly increase the price of oil well ahead of the actual demand. Are those trading in oil futures doing anything positive for the world economy? Why does it seem that oil futures are able to get so far ahead of the economy? The futures system seems to work for other commodities, why is oil so different? <br /><br />CarlCarlnoreply@blogger.com