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Barack Obama

customerserviceguy

(25,207 posts)

15. And you're aware that there's a global market in oil, correct?

Reply to sheshe2 (Reply #8)

Mon Nov 17, 2014, 12:36 AM

Nov 2014

Whatever gets produced gets put on that global market. When there is more of it, or demand goes down, world oil prices go down, when there is less of it, or demand goes up, then oil prices go up.

It's what happens in markets, hopefully you understand that. The oil doesn't have to be refined and sold here to have an impact here.

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Highlight:

If Obama is already a lame duck president, no one seems to have told him [View all] sheshe2 Nov 2014 OP

big kick and big rec ! nt steve2470 Nov 2014 #1

Looks like he won't be going gentle into that good night. leftofcool Nov 2014 #2

You got that right, leftofcool~ sheshe2 Nov 2014 #4

I want him to do everything in his power for the next 2 years leftofcool Nov 2014 #5

You got that right left~ sheshe2 Nov 2014 #19

The middle graphic customerserviceguy Nov 2014 #3

You do know that the oil does not benefit the US in anyway, correct? sheshe2 Nov 2014 #8

And you're aware that there's a global market in oil, correct? customerserviceguy Nov 2014 #15

I'm aware that one of the RW's dishonest selling points for Keystone is cheap gas and jobs. freshwest Nov 2014 #16

Speaking of con games customerserviceguy Nov 2014 #21

It doesn't really JonLP24 Nov 2014 #17

Whatever oil is not sold by Canada on international markets customerserviceguy Nov 2014 #22

He has done everything to work with all groups, and the disrespect he has gotten from the media still_one Nov 2014 #6

The disrespect makes me so angry still_one! sheshe2 Nov 2014 #9

I agree on both counts. still_one Nov 2014 #12

Good OP, she! Thank you! Cha Nov 2014 #7

Thanks Cha~ sheshe2 Nov 2014 #10

Just caught the P.M. Corporate News. Wellstone ruled Nov 2014 #11

Proud to have his back! Go get 'em President Obama!! jillan Nov 2014 #13

Yay! SleeplessinSoCal Nov 2014 #14

Expect Koch lies REAL soon. C Moon Nov 2014 #18

Very glad to see he is still moving the country FORWARD! Kath1 Nov 2014 #20

Another great post, sheshe classof56 Nov 2014 #23