Comments on: OPEC won’t have it http://theblogabouteverything.com/opec-wont-have-it/ This is not your grand daddy's blog Tue, 09 Mar 2010 16:57:31 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: james wheelock@Eagle Springs Texas http://theblogabouteverything.com/opec-wont-have-it/comment-page-1/#comment-1567 james wheelock@Eagle Springs Texas Tue, 03 Feb 2009 12:44:16 +0000 http://theblogabouteverything.com/?p=178#comment-1567 The way I see it is that if the price of oil drops rapidly then you are in a situation where there is to much supply. I don't see what is wrong with dropping supply to find a balaced market place. It is funny how we don't want the price of our own products to fall but we expect others to be happy with it. Doesn't seem like a very fair expectation now does it. <abbr><em>james wheelock´s last blog post..<a href="http://humblehomesforsale.com/atascocita-meadows/">Atascocita Meadows</a></abbr></em> The way I see it is that if the price of oil drops rapidly then you are in a situation where there is to much supply. I don’t see what is wrong with dropping supply to find a balaced market place.

It is funny how we don’t want the price of our own products to fall but we expect others to be happy with it. Doesn’t seem like a very fair expectation now does it.

james wheelock´s last blog post..Atascocita Meadows

]]> By: az@debt reduction http://theblogabouteverything.com/opec-wont-have-it/comment-page-1/#comment-928 az@debt reduction Tue, 11 Nov 2008 08:05:17 +0000 http://theblogabouteverything.com/?p=178#comment-928 This is ridiculous. They don't care about the people just their pockets. the demand is reduced, may be indirectly due to reduction in consumption in US and worldwide as many factories got down. Even 1.5MN production decrease did not cause prices up so they look for more, thats shame. This is ridiculous. They don’t care about the people just their pockets. the demand is reduced, may be indirectly due to reduction in consumption in US and worldwide as many factories got down. Even 1.5MN production decrease did not cause prices up so they look for more, thats shame.

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