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Old 03-20-2012, 08:54 AM  
raymor
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Join Date: Oct 2002
Posts: 3,745
Quote:
Originally Posted by PR_Glen View Post
because that's not what he said.. he said the stock prices go up when the prices of gas goes up.. how is that even an argument here?
He said "gas prices go up because of speculation - more people buy stock in oil companies."

On the other hand, supply is obviously affected by the fact that we haven't been allowed to add any new refineries since 1976. Think about if since 1976 no one was allowed to start producing content. You had to buy only from photographers who started shooting in 1976 or earlier. How do you think that would affect rhe price of content? That's exactly what the greenies have done with gas - no new refineries, no drilling here, no drilling there, no new pipelines = supply doesn't keep up with demand = prices go up.
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