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   From: I-WAS-JUST-GANG-PROBED-BY-THE-ObamaRegime-SPY-NETWORK@IRS.   
   BI.NSA.CIA.EPA.ObamaCare.gov   
      
   On 1/21/2015 3:46 AM, Tom Gardner wrote:   
   > On 1/21/2015 12:05 AM, Ed Huntress wrote:   
   >> Ok, Mr. Businessman -- you know about supply and demand. How does a   
   >> 1.5% increase in supply result in a 50% reduction in prices?   
   >>   
   >> Maybe we'll just leave it there for now, and we'll see if anyone can   
   >> explain that, and why the predictions of the Democrats in 2008, which   
   >> was that drilling in the ANWR would have almost no influence on   
   >> prices, were exactly right according to supply and demand. BTW,   
   >> drilling in the ANWR would have added only a small fraction to our   
   >> total production at the time, not the 43% increase that we've had from   
   >> drilling on private land.   
   >>   
   >> Take it away, Tom...   
   >>   
   >   
   > I don't know.  What has happened to demand?  What other controlling   
   > factors are in play?   
      
   Demand for oil is down... The middle class can't afford anything extra   
   since their paychecks are the same as 10 years ago. The Bacon and the   
   other foods and daily needs have gone up more than 60% in 6 years. Even   
   electric and cable TV have gone up about 60%.   
      
   The result is that the Middle class has no extra money to spend they are   
   barely getting by. Europe is in an economic slump and doesn't need the   
   oil and the Chinese are now slowing down and Japanese economy has been   
   crawling at a snails pace for 20 years.   
      
   Who needs "MORE" oil? Who doesn't have enough oil?   
      
   Venezuela and Iran and places that depend on oil revenue to float their   
   economy could see their monopoly on energy destroyed and the U.S. Petro   
   Dollar could be effected.   
      
   I sold my automobiles 6 years ago....  I don't buy gas anymore.   
      
   The regulations and taxes for owning a car were just a big aggravation   
   so I said fuck the government and the oil and car companies.   
      
   I've been happier since.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)