1
127.0.0.1
OPEC does not control pricing, the market does, opec does control
output for a good part of the world's supply and their decisions can
affect prices but they do not control prices
output for a good part of the world's supply and their decisions can
affect prices but they do not control prices
P
Proconsul
| On Wed, 19 May 2004 16:38:21 -0700, "Proconsul" <[email protected]>
| wrote:
|
| >
| >Our prices are OUR problem and some of us are putting forward ways and
means
| >to bring them down.....primarily we have to dismantle OPEC and let the
free
| >market rule once again....!
| OPEC does not control pricing, the market does, opec does control
| output for a good part of the world's supply and their decisions can
| affect prices but they do not control prices
OPEC controls production which DIRECTLY influences, i.e., "controls" prices.
IF OPEC produces more oil, making it more available, prices go down. IF OPEC
produces less oil, making it less available, prices go up. Therefore, OPEC
is controlling prices by controlling output - you have chosen to try to
avoid that fact by stating a distinction without a difference.
We need to dismantle OPEC, along with any other group of producers who
decide that they can/should/will keep prices high by controlling
production.....
PC
| wrote:
|
| >
| >Our prices are OUR problem and some of us are putting forward ways and
means
| >to bring them down.....primarily we have to dismantle OPEC and let the
free
| >market rule once again....!
| OPEC does not control pricing, the market does, opec does control
| output for a good part of the world's supply and their decisions can
| affect prices but they do not control prices
OPEC controls production which DIRECTLY influences, i.e., "controls" prices.
IF OPEC produces more oil, making it more available, prices go down. IF OPEC
produces less oil, making it less available, prices go up. Therefore, OPEC
is controlling prices by controlling output - you have chosen to try to
avoid that fact by stating a distinction without a difference.
We need to dismantle OPEC, along with any other group of producers who
decide that they can/should/will keep prices high by controlling
production.....
PC
1
127.0.0.1
opec produces about half the world's oil, if the other half want to
produce more, they have in the past and can in the future dictate
where prices are going
hah, it's called free enterprise
P
Proconsul
| On Wed, 19 May 2004 18:42:00 -0700, "Proconsul" <[email protected]>
| wrote:
|
|
| >
| >OPEC controls production which DIRECTLY influences, i.e., "controls"
prices.
| >IF OPEC produces more oil, making it more available, prices go down. IF
OPEC
| >produces less oil, making it less available, prices go up. Therefore,
OPEC
| >is controlling prices by controlling output - you have chosen to try to
| >avoid that fact by stating a distinction without a difference.
|
| opec produces about half the world's oil, if the other half want to
| produce more, they have in the past and can in the future dictate
| where prices are going
The "other half" is quite happy to go along with OPEC - it's the concept
that has to be dealt with.....
| >We need to dismantle OPEC, along with any other group of producers who
| >decide that they can/should/will keep prices high by controlling
| >production.....
| hah, it's called free enterprise
It's the exact opposite of free enterprise - it's "cornering" a product so
that you can dictate prices.....a free market operates on supply and demand.
When you control one or the other, or both, the market is no longer
free.....
PC
| wrote:
|
|
| >
| >OPEC controls production which DIRECTLY influences, i.e., "controls"
prices.
| >IF OPEC produces more oil, making it more available, prices go down. IF
OPEC
| >produces less oil, making it less available, prices go up. Therefore,
OPEC
| >is controlling prices by controlling output - you have chosen to try to
| >avoid that fact by stating a distinction without a difference.
|
| opec produces about half the world's oil, if the other half want to
| produce more, they have in the past and can in the future dictate
| where prices are going
The "other half" is quite happy to go along with OPEC - it's the concept
that has to be dealt with.....
| >We need to dismantle OPEC, along with any other group of producers who
| >decide that they can/should/will keep prices high by controlling
| >production.....
| hah, it's called free enterprise
It's the exact opposite of free enterprise - it's "cornering" a product so
that you can dictate prices.....a free market operates on supply and demand.
When you control one or the other, or both, the market is no longer
free.....
PC
D
David Taylor
no, you quit whining about YOUR high fuel prices, YOUR prices are high
Umm, I'm not whining about my high fuel prices, I just drew a comparison
- I didn't start this mate!
As for political choices, it would be refreshing if for once, some
Americans would quit trying to reduce *every* single usenet discussion
to something to do with politics.
Have a nice day!
David.
Umm, I'm not whining about my high fuel prices, I just drew a comparison
- I didn't start this mate!
As for political choices, it would be refreshing if for once, some
Americans would quit trying to reduce *every* single usenet discussion
to something to do with politics.
Have a nice day!
David.
D
David Taylor
Read the above again...."those who live under socialism and have turned
That's down to the non proportional voting system. Just to be clear, at
the last general election, more than 50% of the population DID NOT vote
for Labour.
Labour won.
Therefore the claim that so many Brits are not Labour supports would be
true.
Anyway, this is a Volvo forum.
David.
That's down to the non proportional voting system. Just to be clear, at
the last general election, more than 50% of the population DID NOT vote
for Labour.
Labour won.
Therefore the claim that so many Brits are not Labour supports would be
true.
Anyway, this is a Volvo forum.
David.
D
David Taylor
Our prices are OUR problem and some of us are putting forward ways and means
Well if you want to take this to a different plane, your prices are the
rest of the world's problem because whereas the most of the rest of the
developed world agreed that burning fossil fuels and adding to polution
was a bad thing and addressed this to a point by discouraging vehicular
use (debateable!), the US decides to carry on in a single minded "****
you" attitude and decides not to sign the Kyoto agreement.
Is it sustainable that 2% of the worlds population creates 14% of the
polution?
Is it surprising that the attitudes towards the US are not necessarily
in total alignment?
Why is it that the US believes that it is "always right"
Why is there any surprise in the US (because there seems to be) when the
word "hate" is used against the US with whatever actions are a result?
Please note, the word US is used in the general collective and not
intended to suggest that every individual thinks the same nor does the
above necessarily represent my opinion or feelings.
David.
Well if you want to take this to a different plane, your prices are the
rest of the world's problem because whereas the most of the rest of the
developed world agreed that burning fossil fuels and adding to polution
was a bad thing and addressed this to a point by discouraging vehicular
use (debateable!), the US decides to carry on in a single minded "****
you" attitude and decides not to sign the Kyoto agreement.
Is it sustainable that 2% of the worlds population creates 14% of the
polution?
Is it surprising that the attitudes towards the US are not necessarily
in total alignment?
Why is it that the US believes that it is "always right"
Why is there any surprise in the US (because there seems to be) when the
word "hate" is used against the US with whatever actions are a result?
Please note, the word US is used in the general collective and not
intended to suggest that every individual thinks the same nor does the
above necessarily represent my opinion or feelings.
David.
R
Ray Laughton
Kytis said:
An important factor in the rising prices that is overlooked is the big
increase in gas consumption in China. With the chinese getting wealthy
they now prefer to take the car than the bicycle..