Sat, Oct 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Why gas prices are unlikely to fall anytime soon

Posted on 13 June 2013

Almost everyone from the consumer to the giant oil company is tired of the very high crude oil prices seen now for over a year. For consumers it’s a drain and a competitor to other disposable income purchases.
For oil companies the high prices over a long time sets up an expectation that rises will stay up and misdirect investments funds, cause excess spending and raise internal costs. The ride down, when it comes will be much better for the consumer than the oil industry. But that just sets up another price rise cycle………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031