Quote Originally Posted by taxexile View Post
^^ .....




cyrille


when demand exceeds supply, prices are driven upward.
when supply exceeds demand, prices fall to encourage buyers.

the more of a commodity that there is on the market, the cheaper it becomes.

even kindergarten economics is beyond you tefler cyrille.


So you're just as clueless as Kemi.

The price of oil is set by OPEC, you idiotic berk.

No wonder you think Kemi is the latest genius in a long line of Conservative 'thinkers'. Those 17 years in a Hua Hin condo must have insulated your thick skull even further, dentist tax.

The Organisation of the Petroleum Exporting Countries is an intergovernmental cartel enabling the co-operation of leading oil-producing countries in order to collectively influence the global oil market and maximize profit.