More proof Bill O'Reilly is full of shit and has no concept of market dynamics.

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[ARCHIVED THREAD] - More proof Bill O'Reilly is full of shit and has no concept of market dynamics. (Page 1 of 2)

Posted: 4/12/2006 4:16:22 PM EDT

Just started watching his opening rant on his show and he is blaming "speculators" on high gas prices and how they are bidding up the price of crude to fuck all of us poor proletariat masses.

What an ignorant, pseudo-socialist grandstanding asshole.

I have news for you Bill. Speculators can short crude oil just as easily as they can go long, and have nothing to do with the long term price direction of any commodity.

ETA: Ever heard of an Increase in Demand?

I hope Bill O'Reilly gets a drawn out case of lymphatic cancer which eats his arrogant mug from within. Getting hit by a bus and spun around the drive shaft a dozen times wouldn't be so bad either.

A simple macro econ 101 class would probably teach him enough to shut his miserable pie hole.

I hate him. I hope he dies slow...he is evil.

Posted: 4/12/2006 4:17:37 PM EDT

[#1]

In before all the people here who agree with O'Reilly.

Posted: 4/12/2006 4:18:39 PM EDT

[#2]

So, Why don't you tell us why the gas prices are so fucken high

Posted: 4/12/2006 4:19:12 PM EDT

[#3]

dollar bill oreilly is a populist moron.

I haven't watched him much, but one of the times I saw him, he argued for salary caps on doctors as a way to control health care costs.

Fuck you bill, I want the best damn doc I can working on me - not someone who is willing to settle for a government mandated maximum pay. I want a doc who worked his ass off studying and practicing and working in order to get to maximize his income.

Posted: 4/12/2006 4:19:45 PM EDT

[#4]

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

space aliens.

Posted: 4/12/2006 4:20:08 PM EDT

[#5]

Quoted:

I have news for you Bill. Speculators can short crude oil just as easily as they can go long, and have nothing to do with the long term price direction of any commodity.

It is funny, when the value or a stock or future starts going lower, people assume that you are loosing money. I know a few people who made enough to retire when the .coms busted because they knew those companies were build on a house of cards and went short on them. As long as valueations are moving people are making money. Flat markets are the worst.

Posted: 4/12/2006 4:20:59 PM EDT

[#6]

simple

orielly is an assklown, and always has been. his big 'stick' was morals and he was a married guy dirty tallkin a female worker who recorded the whole thing (what a dumbass) and he had to settle to shut her up.

Posted: 4/12/2006 4:21:29 PM EDT

[#7]

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

High demand, taxes, increased costs associated with government regulation, expanding economy.

Posted: 4/12/2006 4:21:36 PM EDT

[#8]

(yawn) Increased global demand on crude, and a bottleneck on refining capacity.

Anything else?

Get used to it, it's gonna get worse. If you have the funds, hedge yourselves in energy stocks. I have, and it is working out spectacularly.

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

Posted: 4/12/2006 4:21:59 PM EDT

[#9]

Quoted:
Quoted:
So, Why don't you tell us why the gas prices are so fucken high

High demand, taxes, increased costs associated with government regulation, expanding economy.

the new ethanol mandate has contributed to the spike as well.

Posted: 4/12/2006 4:23:08 PM EDT

[#10]

Quoted:
(yawn) Increased global demand on crude, and a bottleneck on refining capacity.

Anything else?

Get used to it, it's gonna get worse. If you have the funds, hedge yourselves in energy stocks. I have, and it is working out spectacularly.

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

Or those stocks that mine, refine and process metals.

Everything in 2 years will be different, esp. if there is a pullback in the GDP

Posted: 4/12/2006 4:23:27 PM EDT

[#11]

Quoted:
Just started watching his opening rant on his show and he is blaming "speculators" on high gas prices and how they are bidding up the price of crude to fuck all of us poor proletariat masses.

What an ignorant, pseudo-socialist grandstanding asshole.

I have news for you Bill. Speculators can short crude oil just as easily as they can go long, and have nothing to do with the long term price direction of any commodity.

ETA: Ever heard of an Increase in Demand?

I hope Bill O'Reilly gets a drawn out case of lymphatic cancer which eats his arrogant mug from within. Getting hit by a bus and spun around the drive shaft a dozen times wouldn't be so bad either.

A simple macro econ 101 class would probably teach him enough to shut his miserable pie hole.

I hate him. I hope he dies slow...he is evil.

What huge increase in demand in the last 2 years has almost doubled the price of a gallon of gas?

Posted: 4/12/2006 4:24:38 PM EDT

[#12]

Quoted:
(yawn) Increased global demand on crudeYep, and a bottleneck on refining capacity.nope, that would cause a rise in gas prices and a drop in crude prices

Anything else?

Get used to it, it's gonna get worse. If you have the funds, hedge yourselves in energy stocks. I have, and it is working out spectacularly.yep

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

Posted: 4/12/2006 4:25:53 PM EDT

[#13]

Quoted:
Quoted:
Just started watching his opening rant on his show and he is blaming "speculators" on high gas prices and how they are bidding up the price of crude to fuck all of us poor proletariat masses.

What an ignorant, pseudo-socialist grandstanding asshole.

I have news for you Bill. Speculators can short crude oil just as easily as they can go long, and have nothing to do with the long term price direction of any commodity.

ETA: Ever heard of an Increase in Demand?

I hope Bill O'Reilly gets a drawn out case of lymphatic cancer which eats his arrogant mug from within. Getting hit by a bus and spun around the drive shaft a dozen times wouldn't be so bad either.

A simple macro econ 101 class would probably teach him enough to shut his miserable pie hole.

I hate him. I hope he dies slow...he is evil.

What huge increase in demand in the last 2 years has almost doubled the price of a gallon of gas?

The economy has grown at an average pace of 3.5% per quarter. Add in the War on Terror, and the economic raise in India and China and the bottle neck at refineries along with other governmental/political policies and you have your increase in price.

Posted: 4/12/2006 4:26:03 PM EDT

[#14]

Quoted:
Quoted:
Just started watching his opening rant on his show and he is blaming "speculators" on high gas prices and how they are bidding up the price of crude to fuck all of us poor proletariat masses.

What an ignorant, pseudo-socialist grandstanding asshole.

I have news for you Bill. Speculators can short crude oil just as easily as they can go long, and have nothing to do with the long term price direction of any commodity.

ETA: Ever heard of an Increase in Demand?

I hope Bill O'Reilly gets a drawn out case of lymphatic cancer which eats his arrogant mug from within. Getting hit by a bus and spun around the drive shaft a dozen times wouldn't be so bad either.

A simple macro econ 101 class would probably teach him enough to shut his miserable pie hole.

I hate him. I hope he dies slow...he is evil.

What huge increase in demand in the last 2 years has almost doubled the price of a gallon of gas?

not a huge increase, but enough to drive the cost up. china is a big cause as is the uncertainty of the middle beast....

gonna get fun. bush does iran i spec we might see 6 dollar regular and expect to see gas approaching 5 bucks a gallon on peaks regardless before the summer ends..

Posted: 4/12/2006 4:26:12 PM EDT

[#15]

Quoted:
(yawn) Increased global demand on crude, and a bottleneck on refining capacity.

I certainly agree that refining capacity sucks but it has sucked for 15 years. Why now $3 per gallon with record profits from oil Co.

You're right, it wont get better because Uncle Sam make more in profit than the oil Co.

Posted: 4/12/2006 4:27:00 PM EDT

[#16]

not sure what the excuse of the month is, but figured that there is basically a refinery monopoly. epa regs and just the overall size of refineries create a huge economic barrier to entry into that industry. supply is controled, so demand causes price increases.

Posted: 4/12/2006 4:28:16 PM EDT

[#17]

Quoted:
Quoted:
(yawn) Increased global demand on crude, and a bottleneck on refining capacity.

I certainly agree that refining capacity sucks but it has sucked for 15 years. Why now $3 per gallon with record profits from oil Co.

There margins are lower!!! They are spending more money to bring/sell more product on the market however the increased costs have also lowered their margins from 2,3,4 and 5 years ago. Profit margins are what is the measuring stick, not proffits.

Posted: 4/12/2006 4:29:08 PM EDT

[#18]

Quoted:
(yawn) Increased global demand on crude, and a bottleneck on refining capacity.

Anything else?

Get used to it, it's gonna get worse. If you have the funds, hedge yourselves in energy stocks. I have, and it is working out spectacularly.

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

Explain how the refining bottleneck affects crude oil? Global demand hasn't doubled but the price of crude has. Last month the actual US oil usage came out much less than was expected. So the price was high based on this huge predicted demand, that demand turned out to be less than the previous year, the oil supply in storage was greater than last year, and the price of crude (not refined gas) still hit $68 a barrel. Please explain.

The other factor is the value of the US dollar which just dropped again. When did oil start going through the roof? 2002. When did the value of the US dollar start making a major decline in value? 2002 is when the Euro became worth more than the US. It used to be the Euro was to the American dollar the same way the Canadian dollar was to the Euro dollar. Now the US dollar is to the Euro as the Canadian dollar is to us.

Posted: 4/12/2006 4:31:11 PM EDT

[#19]

I heard a report on the radio last week (havent heard or seen it since) that a fair number of storage areas, oil wells, refining pipelines, etc, etc that were ruined by Katrina are never going to be brought back on line by the oil companies, being deemed "not cost effective". The public statement by the company (I cannot recall which one) stated that in "due time" they will be replaced by new ones.

Posted: 4/12/2006 4:31:39 PM EDT

[#20]

The problem is, we will pay $3 a gallon for gas to cruise around while chatting on a cell-phone.

If we refused to do it, prices would drop.

Any questions?

Posted: 4/12/2006 4:32:56 PM EDT

[#21]

Quoted:

The other factor is the value of the US dollar which just dropped again. When did oil start going through the roof? 2002. When did the value of the US dollar start making a major decline in value? 2002 is when the Euro became worth more than the US. It used to be the Euro was to the American dollar the same way the Canadian dollar was to the Euro dollar. Now the US dollar is to the Euro as the Canadian dollar is to us.

That is a good point but I don't think it explains the obvious record profits by big oil

Posted: 4/12/2006 4:33:05 PM EDT

[#22]

Quoted:
Quoted:
(yawn) Increased global demand on crudeYep, and a bottleneck on refining capacity.nope, that would cause a rise in gas prices and a drop in crude prices

Anything else?

Get used to it, it's gonna get worse. If you have the funds, hedge yourselves in energy stocks. I have, and it is working out spectacularly.yep

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

Not unless there is a big increase in global demand, which is what has happened. The candle is burning on both ends.

Bring on an obscene investment in nuclear power....and I hope the Montana Govenor realizes his dreams on coal liquification.

Posted: 4/12/2006 4:34:42 PM EDT

[#23]

I want to address this

Quoted:

Explain how the refining bottleneck affects crude oil?

It doesn't
ETA....except to DROP the price

Global demand hasn't doubled but the price of crude has. Last month the actual US oil usage came out much less than was expected. So the price was high based on this huge predicted demand, that demand turned out to be less than the previous year, the oil supply in storage was greater than last year, and the price of crude (not refined gas) still hit $68 a barrel. Please explain.

Demand doesn't have to double to cause the price to double......price is set by bidders bidding on crude. Competing buyers are driving up the price.

The other factor is the value of the US dollar which just dropped again. When did oil start going through the roof? 2002. When did the value of the US dollar start making a major decline in value? 2002 is when the Euro became worth more than the US. It used to be the Euro was to the American dollar the same way the Canadian dollar was to the Euro dollar. Now the US dollar is to the Euro as the Canadian dollar is to us.

Absolutely, positively one of the biggest causes of the price increase at the pump. The other is demand.

Posted: 4/12/2006 4:35:15 PM EDT

[#24]

Quoted:
What huge increase in demand in the last 2 years has almost doubled the price of a gallon of gas?

The economy has grown at an average pace of 3.5% per quarter. Add in the War on Terror, and the economic raise in India and China and the bottle neck at refineries along with other governmental/political policies and you have your increase in price.

Don't forget double digit growth in China and India. Their economies require much more oil/$ GDP than does the US.

Posted: 4/12/2006 4:35:29 PM EDT

[#25]

Quoted:

Explain how the refining bottleneck affects crude oil? Global demand hasn't doubled but the price of crude has. Last month the actual US oil usage came out much less than was expected. So the price was high based on this huge predicted demand, that demand turned out to be less than the previous year, the oil supply in storage was greater than last year, and the price of crude (not refined gas) still hit $68 a barrel. Please explain.

Supply and demand curves aren't usually linear. In the case of oil, the supply/demand curve would be on a logarithmic/exponential curve.

Posted: 4/12/2006 4:36:08 PM EDT

[#26]

Oil and gasoline have inelastic demand curves. Small changes in supply or demand can cause dramatic price changes.

Elasticity of Demand

Posted: 4/12/2006 4:36:33 PM EDT

[#27]

Sometimes I find myself agreeing wholeheartedly with him, other times I have to turn off the TV.

Posted: 4/12/2006 4:38:00 PM EDT

[#28]

Quoted:
Quoted:
So, Why don't you tell us why the gas prices are so fucken high

space aliens.

\

And they are green too.!

Posted: 4/12/2006 4:41:27 PM EDT

[#29]

I would expect much more devaluation in the US dollar. One way of paying off deficits and debt is the devaluation of the dollar, and it seems that is the direction we are headed. Furthermore, I get a big hint that crude will soon be priced in the global market in Euros, then the gloves are off.

I am getting more and more of a sneaky suspicion that the true global currency is not the US dollar, but crude oil. The fact that I state that I have a "sneaky suspicion" makes me think I am way behind the learning curve.

Coal liquification...we need you. And nuclear energy. Can't forget about that.

I still hope O'Reilly dies a horrific, painful death. Or caught with a plethora of kiddie porn on his hard drive.

Quoted:
Quoted:
(yawn) Increased global demand on crude, and a bottleneck on refining capacity.

Anything else?

Get used to it, it's gonna get worse. If you have the funds, hedge yourselves in energy stocks. I have, and it is working out spectacularly.

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

Explain how the refining bottleneck affects crude oil? Global demand hasn't doubled but the price of crude has. Last month the actual US oil usage came out much less than was expected. So the price was high based on this huge predicted demand, that demand turned out to be less than the previous year, the oil supply in storage was greater than last year, and the price of crude (not refined gas) still hit $68 a barrel. Please explain.

The other factor is the value of the US dollar which just dropped again. When did oil start going through the roof? 2002. When did the value of the US dollar start making a major decline in value? 2002 is when the Euro became worth more than the US. It used to be the Euro was to the American dollar the same way the Canadian dollar was to the Euro dollar. Now the US dollar is to the Euro as the Canadian dollar is to us.

Posted: 4/12/2006 4:44:05 PM EDT

[#30]

Quoted:
I still hope O'Reilly dies a horrific, painful death. Or caught with a plethora of kiddie porn on his hard drive.

DAmn...that's harsh.

But it made me laugh out loud.

Posted: 4/12/2006 4:49:38 PM EDT

[#31]

Quoted:
Furthermore, I get a big hint that crude will soon be priced in the global market in Euros, then the gloves are off.

For several years, the conspiracy theorists have said that the Iraq War has fought because Saddam threatened to price his oil in Euros. If a petro-euro ever manifests, I suspect we will have a SHTF situation in the US. Lets hope it doesn't happen.

Posted: 4/12/2006 4:53:30 PM EDT

[#32]

I just watched it, he makes a damn good point on being self sufficient. We have corn, oil shale and the shit load of oil in Alaska. If Mexico wasn't a bunch of dumb asses they would be refining the shit out of the oil they are swimming in.
By the way, thats some harsh shit!!

Posted: 4/12/2006 5:00:53 PM EDT

[#33]

Quoted:
I just watched it, he makes a damn good point on being self sufficient. We have corn, oil shale and the shit load of oil in Alaska. If Mexico wasn't a bunch of dumb asses they would be refining the shit out of the oil they are swimming in.
By the way, thats some harsh shit!!

They are refining the shit out it. They in the process of developing the infastructure to do it. So is Cuba. We are a bunch of idiots not to drill in ANWR or off the coasts of California or Florida.

Ethonol isn't going to help us one bit.

Posted: 4/12/2006 5:03:21 PM EDT

[#34]

Quoted:
Just started watching his opening rant on his show and he is blaming "speculators" on high gas prices and how they are bidding up the price of crude to fuck all of us poor proletariat masses.

What an ignorant, pseudo-socialist grandstanding asshole.

I have news for you Bill. Speculators can short crude oil just as easily as they can go long, and have nothing to do with the long term price direction of any commodity.

ETA: Ever heard of an Increase in Demand?

I hope Bill O'Reilly gets a drawn out case of lymphatic cancer which eats his arrogant mug from within. Getting hit by a bus and spun around the drive shaft a dozen times wouldn't be so bad either.

A simple macro econ 101 class would probably teach him enough to shut his miserable pie hole.

I hate him. I hope he dies slow...he is evil.

Ok Now tell me how you really feel

Posted: 4/12/2006 5:03:41 PM EDT

[#35]

How about the govt telling the Car manufacturers to use that little thing called technology. You know that thing that can make a computer do 20 bazillion operations a sec. Spy on someone in another country from above Earth. If the govt said hey Car manufacturers!!!! You got 2 years to make EVERY vehicle get 5mpg more, you bet your sweet ass they could. Manufacturers have no incentives at the moment.

Posted: 4/12/2006 5:05:50 PM EDT

[#36]

Quoted:
How about the govt telling the Car manufacturers to use that little thing called technology. You know that thing that can make a computer do 20 bazillion operations a sec. Spy on someone in another country from above Earth. If the govt said hey Car manufacturers!!!! You got 2 years to make EVERY vehicle get 5mpg more, you bet your sweet ass they could. Manufacturers have no incentives at the moment.

Government incentives won't do it, the buying public will. Personally I like trucks that have power and aren't the size of golf carts. Even if everyone drove hybrids it wouldn't do jack shit to the price of gas.

Posted: 4/12/2006 5:07:24 PM EDT

[#37]

Not a question, but a comment. We are not in a hive of collective thinking drones. Prices, hit $3.00, some will think agian about going for a nice Sunday drive through the countryside. Prices hit $5.00, and for much more, the country drive is out. Prices hit $10.00 as they have in Europe, and carpooling and use of mass transit. will be the norm.

Prices hit a sustained $X.00, and ethanol will be the fuel of choice...with hopefully liquified coal out of Montana becoming the norm.

Gimme Nukes, Liquified Coal, and whatever economic alternative energy source you can think of. I wanna see the Middle East collectively piss themselves when they realize we don't need their product so much anymore outside of plastics. Then we will face the problem of them blaming the rest of the world, once again, for all of their problems now that their cash cow has gone to pasture.

Quoted:
The problem is, we will pay $3 a gallon for gas to cruise around while chatting on a cell-phone.

If we refused to do it, prices would drop.

Any questions?

Posted: 4/12/2006 5:16:20 PM EDT

[#38]

Quoted:
Oil and gasoline have inelastic demand curves. Small changes in supply or demand can cause dramatic price changes.

Elasticity of Demand

Damn it. I always got that backwards. Even in college. I always want to say that it's elastic since small price movements don't cause any real movement in demand. It stretches.

Posted: 4/12/2006 5:16:44 PM EDT

[#39]

The reason that gas is so high is because BushCo needs to be rich... Iraq is pumping oil as fast as they can, and BushCO is secretly hoarding it......

Just kidding.... kinda.....

I do have to say that if the base price of oil was out of line, the big oil companies wouldn't be having quarter after quarter of record profits......

I'm pretty sure that there is some behind the scene price fixing going on...

Posted: 4/12/2006 5:17:38 PM EDT

[#40]

Quoted:
Quoted:
How about the govt telling the Car manufacturers to use that little thing called technology. You know that thing that can make a computer do 20 bazillion operations a sec. Spy on someone in another country from above Earth. If the govt said hey Car manufacturers!!!! You got 2 years to make EVERY vehicle get 5mpg more, you bet your sweet ass they could. Manufacturers have no incentives at the moment.
Government incentives won't do it, the buying public will. Personally I like trucks that have power and aren't the size of golf carts. Even if everyone drove hybrids it wouldn't do jack shit to the price of gas.

Not saying it will. I'm saying that if vehicles would get more MPG you would have less demand since you would be filling up less. Plus paying $3 (even though it sux) wouldn't be bad since you aren't filling up as often.

Posted: 4/12/2006 5:22:23 PM EDT

[#41]

Economics ARE the incentive. There are still a lot of people buying the dreaded, to the proletariat, SUV's which make our domestic auto manufacturers a lot of cash.

Then, you have foresighted Toyota, who is laughing all the way to the bank with their non-negotiable priced Prius vehicles which are by my understanding selling by hottcakes. It is my understanding that many buyers of Prius's are spiteful motherfuckers who want to put the screws to the Middle East in their owns small way...I believe they are known as Granola Conservatives.

My cars do okay at best overall in mileage, though one does quite well on the highway. I'm not ready just yet to eat a lot of granola.

Quoted:
How about the govt telling the Car manufacturers to use that little thing called technology. You know that thing that can make a computer do 20 bazillion operations a sec. Spy on someone in another country from above Earth. If the govt said hey Car manufacturers!!!! You got 2 years to make EVERY vehicle get 5mpg more, you bet your sweet ass they could. Manufacturers have no incentives at the moment.

Posted: 4/12/2006 5:23:33 PM EDT

[#42]

There are a lot of reasons why oil & gas prrices are higher, but speculation and hoarding could be part of it.

If I was an airline or had a fleet to fuel I would be locking in prices throughout the summer.

Posted: 4/12/2006 5:32:13 PM EDT

[#43]

I'm shorting FOX. Will that cause Bill to get a pay cut?

Bill is rapidly losing any economic credibility he had, if indeed he ever had it????????

Posted: 4/12/2006 5:33:02 PM EDT

[#44]

priuis is a neat car. you like tech things you prolly like a prius. i have an old honda crx hf that gets 45 mgp average city highway, i also have a subie WRX and im gonna buy a vette sooner or later. but im always gonna have a car that gets at least 45 mpg or more. i take the hf to the gas station, put in 13 to 15 worth of gas and drive several hundred miles. is especially comforting to know when i cant get gas (like last summer) that with a couple of 5 gallon jugs and a full tank i can get close to 1000 miles before i have to go to the gas station again...

Quoted:
Economics ARE the incentive. There are still a lot of people buying the dreaded, to the proletariat, SUV's which make our domestic auto manufacturers a lot of cash.

Then, you have foresighted Toyota, who is laughing all the way to the bank with their non-negotiable priced Prius vehicles which are by my understanding selling by hottcakes. It is my understanding that many buyers of Prius's are spiteful motherfuckers who want to put the screws to the Middle East in their owns small way...I believe they are known as Granola Conservatives.

My cars do okay at best overall in mileage, though one does quite well on the highway. I'm not ready just yet to eat a lot of granola.

Quoted:
How about the govt telling the Car manufacturers to use that little thing called technology. You know that thing that can make a computer do 20 bazillion operations a sec. Spy on someone in another country from above Earth. If the govt said hey Car manufacturers!!!! You got 2 years to make EVERY vehicle get 5mpg more, you bet your sweet ass they could. Manufacturers have no incentives at the moment.

Posted: 4/12/2006 5:34:16 PM EDT

[#45]

Hummm We have a president who comes from Big oil, He is a lame duck approaching retirement.
Lots of incentive to cash in on high oil prices.

Posted: 4/12/2006 5:38:03 PM EDT

[#46]

Quoted:
Hummm We have a president who comes from Big oil, He is a lame duck approaching retirement.
Lots of incentive to cash in on high oil prices.

He cashed them out before becoming pres. Ummm he also gets a nice government pention plan as well.

Posted: 4/12/2006 6:04:39 PM EDT

[#47]

The biggest indicator of O'Reilly being full of shit is when he argued that the first amendment is a collective right, and that it affords protections to journalists that aren't meant for common schmucks like you and me.

Fuck him.

Posted: 4/12/2006 6:12:07 PM EDT

[#48]

Bill Oreilly is full of SHT . , he is reluctant to call the communists in the media , communists , he doesnot want to be "snubbed" at the Manhatten cocktail parties , by his fellow travellers in the MSM , even when ol'Dan Rather came on his show and said " just because Bill Clinton lies under oath , doesnot mean he is not a honest man" --- WTF ? , all these media communists are whores ! , they will spew out what-ever their bosses want them to , a'la Geraldo Rivera "suddenly becomming a conservative" by going to Fox news , same for the rest of the CNN transplants , at fox news

Posted: 4/12/2006 6:22:49 PM EDT

[#49]

Quoted:
So, Why don't you tell us why the gas prices are so fucken high

more world wide demand would be guess.

Posted: 4/12/2006 7:16:36 PM EDT

[#50]

There are certainly some signs that speculation is involved. Not that that's a bad thing--speculators prevent shortages by bidding up prices. There are probably a couple of dozen reasons oil and gas are expensive. Both the supply and demand curves are very steep so a small shift in either causes large price increases. Last year US gasoline demand was significantly higher than the year before (or so I read at some point last year).

GunLvr

[ARCHIVED THREAD] - More proof Bill O'Reilly is full of shit and has no concept of market dynamics. (Page 1 of 2)

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