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The Forum > Article Comments > Top 6 myths driving oil prices down > Comments

Top 6 myths driving oil prices down : Comments

By Leonard Brecken, published 5/8/2015

Earlier in the year I documented half a dozen media reports which turned out to be 100 percent false. Now I expose another half dozen.

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You are talking to an empty chair? Who by the way seems to be a better analyst than you?

As usual you've overlooked the elephant in the room, the truly massive Middle East rivaling Edmonton reserve!

I don't know what else besides oversupply that could possibly drive prices down, except perhaps gather ye rosebuds while ye may for the now oil refining Saudis!?

However nothing very much seems to be driving the cost of price gouged petrol down; and the Government is very much sitting on its hands here?It surely is a case of not what they can do, but what they're avoiding like the plague, doing!?

Due to fuel excise revenue and high returns perhaps?

But then, we are just so many cash cows and time and a half slaves to the economy aren't we?
Posted by Rhrosty, Wednesday, 5 August 2015 11:28:47 AM
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