Quote:
Originally Posted by Bill14564
Are you proposing that someone should have predicted the reaction in the stock market? Is the country now supposed to be run in a way that minimizes the often irrational behavior of the market? It seems like you are proposing a "tail wagging the dog" form of governance.
The 2021 argument is a supply and demand argument. The supply has not decreased but has actually increased. The demand has increased more. These are real, hard facts.
The January 23 argument asks for speculation against potential speculation. Yes, the markets are going to react but in the absence of anything else the supply and demand numbers will prevail. But we didn't have the absence of anything else, we had the war in Ukraine. Now, the markets are reacting to the war in Ukraine and the markets are reacting to the way the markets are reacting. Unfortunately, since the markets set the price of oil and gas, that is causing problems.
And with that, I am out of my comfort zone. Time to sit back and watch those with more background make logical, non-political arguments.
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Interesting, but
nowhere did I mention the stock market at all. My point is that when you cut supply------yes CUT SUPPLY, eventually, NOT the next day, and demand increases, the price will go up. PERIOD. Futures contracts for commodities go out both short term and long term. The handwriting on the wall is obvious to all but the truly brainwashed, domestic supply will go down as demand increases, so prices will rise. Economics 101. Unfortunately, some of the decision makers are either among the brainwashed or the brain dead.