MERGED: All About OIL PRICE HIKE

[godsaint]

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You have a point bro.It starts first from the oil producing countries.when their prices go up then buyers will be forced to buy and will pass the burden to the end users.I wonder if it is really the supply that cannot satisfy the demand?Or it is the greed that makes this world suffer?

[onetwothreefourfivesix]

@ Godsaint: yeah its greed but lets consider their only chance against the US

1. Terrorism and
2. High Oil prices

[cosplay]

Exactly what I have put.

[godsaint]

@ Godsaint: yeah its greed but lets consider their only chance against the US

1. Terrorism and
2. High Oil prices

Well said..tactical warfare.They cannot beat US by weapons so they have to derive strategies.Bottomline is Thyre the ones responsible of this oil crisis.Now it's only Bush cause Saddam is dead.

[MRchurchill]

I for one actually believe that this is another bubble fueled more by speculation rather than fundamentals. Recently supply has risen over demand to the tune of 500k barrels a day. So what's driving the price and raising its value near 50% since January? Blaming China and India can only get you so far. I just hope it explodes sooner than later.

[Luskan]

The war has very little to do with the increasing price of oil because there are also circumstances during the siege of Iraq that oil price decreased , I think it all boils to demand by the consumers and the weakening of our peso. If our peso grows strong again there are chances that the prices of petroleum will decrease since we buy petroleum in terms of dollars.

[akosabni]

You have a point bro.It starts first from the oil producing countries.when their prices go up then buyers will be forced to buy and will pass the burden to the end users.I wonder if it is really the supply that cannot satisfy the demand?Or it is the greed that makes this world suffer?

its the supply, and its running out ... why would arabs make its country a tourist destination, you must have heard or read about this YouTube - Dubai World Islands

you can call it greed or you can see as yourself as an investor or rather a donor

[RLU]

I feel as though I'm stuck in a debate with a room full of immature ten year old kids. Guys... Please, please don't go abroad. Keep those stunning minds here in the homeland and put them to good use as future politicians.

thankx brad..

[arubinkun]

I would say its a conspiracy between the Arab countries to undermine the economical state of countries that depend on their oil supply. The more they squeeze the supply of oil to the world market, the more countries who depends on their supply rely on them. Making them dictators of countries' stand on policies and relations with the arab nation.

As we have noticed, the nations that are mostly affected are those who are the most vocal about the war on terrorism...

Other countries seem to be very quiet about this uproar of prices on oil...

[rishee]

I would say its a conspiracy between the Arab countries to undermine the economical state of countries that depend on their oil supply. The more they squeeze the supply of oil to the world market, the more countries who depends on their supply rely on them. Making them dictators of countries' stand on policies and relations with the arab nation.

As we have noticed, the nations that are mostly affected are those who are the most vocal about the war on terrorism...

Other countries seem to be very quiet about this uproar of prices on oil...

yes.. this is a true explanation of why oil prices are skyhigh

and it's not because of president GMA.. ngano man intawn maka buot siya tag pila ang litro sa crudo..