Monday, August 23, 2010

Who controls oil prices?

OPEC decide the oil price for international market.But regional and national price decide by regional oil company,stock market,demand,sometime goverment.Who controls oil prices?
OPEC and the oil companies like Chevron, Shell, Unocal, etc.,Who controls oil prices?
G. W. Bush and the GOP
Primarily OPEC.
The consumer.





If just only the US and Candanian consumer all agreed not to purchase any oil or oil products from the middle east for just one day per week, watch what happens to the price. Imagine if we didn't purchase any for one week!





Bet there would be a lot of camels out there worker harder.
monopoly.
I think the film ';Syrianna'; says it all....
Supply and demand.
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