Comments on: Researcher finds manipulation in oil markets http://pugetsoundblogs.com/waterways/2008/08/06/researcher-finds-manipulation-in-oil-markets/ Environmental reporter Christopher Dunagan discusses the challenges of protecting Puget Sound and all things water-related. Thu, 18 Mar 2010 05:06:06 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Cynic http://pugetsoundblogs.com/waterways/2008/08/06/researcher-finds-manipulation-in-oil-markets/comment-page-1/#comment-1113 Cynic Fri, 08 Aug 2008 04:41:38 +0000 http://pugetsoundblogs.com/waterways/?p=722#comment-1113 “…wouldn’t a crash program to wean the country off oil with alternative energy supplies have an even greater impact on oil prices, since the markets would anticipate a dramatic and permanent drop in demand?…” In order for a program to wean the country off of oil to have an effect on energy prices, the program would have to be credible. All of the alternative energy sources proposed so far have defied the laws of physics or the fundimentals of economics. Investors will only respond to numbers that make sense. “…wouldn’t a crash program to wean the country off oil with alternative energy supplies have an even greater impact on oil prices, since the markets would anticipate a dramatic and permanent drop in demand?…”

In order for a program to wean the country off of oil to have an effect on energy prices, the program would have to be credible. All of the alternative energy sources proposed so far have defied the laws of physics or the fundimentals of economics. Investors will only respond to numbers that make sense.

]]> By: Sharon O'Hara http://pugetsoundblogs.com/waterways/2008/08/06/researcher-finds-manipulation-in-oil-markets/comment-page-1/#comment-1103 Sharon O'Hara Thu, 07 Aug 2008 16:23:36 +0000 http://pugetsoundblogs.com/waterways/?p=722#comment-1103 "...Research shows that traders may well be in control of the market, not supply and demand, and consumers have been left paying the price.”..." What else can explain that when we cut back on driving and other energy use, the price at the gas pump goes down? Why should we continue to be manipulated by oil energy concerns...who and whatever they are.... when we can focus on developing other forms of energy and be dependent on ourselves - not continue to be at the mercy of the greedy? "...wouldn’t a crash program to wean the country off oil with alternative energy supplies have an even greater impact on oil prices, since the markets would anticipate a dramatic and permanent drop in demand?..." Makes sense to me. Sharon O'Hara “…Research shows that traders may well be in control of the market, not supply and demand, and consumers have been left paying the price.”…”

What else can explain that when we cut back on driving and other energy use, the price at the gas pump goes down?

Why should we continue to be manipulated by oil energy concerns…who and whatever they are…. when we can focus on developing other forms of energy and be dependent on ourselves – not continue to be at the mercy of the greedy?

“…wouldn’t a crash program to wean the country off oil with alternative energy supplies have an even greater impact on oil prices, since the markets would anticipate a dramatic and permanent drop in demand?…”

Makes sense to me.
Sharon O’Hara

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