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Fear Driving Energy Markets

OIL Price -- Crude oil demand in the United States is down to its lowest level since the onset of the global economic recession. A lackluster economic recovery, coupled with cautious consumer sentiment, is keeping demand for petroleum products suppressed. Nevertheless, lingering concerns over geopolitical tensions with Iran has prompted some governments to raise the possibility of releasing strategic petroleum reserves. Fundamentally, it seems, markets are well supplied, though it may be emotional factors driving certain aspects of the energy market.

The American Petroleum Institute, in its report for July, finds that crude oil demand is down to its lowest levels in roughly four years. U.S. petroleum deliveries for July declined to around 18 million barrels per day, the lowest level for the month sin


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Submitted Aug 21, 2012 By: mastermariner
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Fear Driving Energy Markets Back to Topics
REPLIES (newest first) Post a Reply
52MPG
Champion Author Dayton

Posts:10,521
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Message Posted: Aug 22, 2012 1:53:08 AM

Fear big time.
KhelbenArunson
Champion Author Michigan

Posts:7,514
Points:1,474,310
Joined:Apr 2008
Message Posted: Aug 22, 2012 12:23:01 AM

It's called, spin, speculation and de regulation. That is what is keeping prices high.
LanguageMan1
Champion Author Tampa

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Points:2,443,815
Joined:Apr 2008
Message Posted: Aug 22, 2012 12:03:47 AM

Fear? FEAR! False Evidence Appearing Real! Fear, IS NOT driving the prices higher. It's simple MANIPULATION.
carranco
Champion Author Georgia

Posts:1,031
Points:433,870
Joined:Dec 2008
Message Posted: Aug 21, 2012 10:43:49 PM

Other than Fraudbama and Moochelle, people just aren't using much oil. Many don't even get out of bed any more.
hank1326
Champion Author Los Angeles

Posts:11,254
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Message Posted: Aug 21, 2012 5:22:32 PM

Now we just need to be fearless for the November election.
Vette1967
Champion Author Albany

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Message Posted: Aug 21, 2012 3:24:38 PM

Historically...it alway has.
Gramps001
Champion Author North Carolina

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Message Posted: Aug 21, 2012 3:15:26 PM

The only thing to fear is fear itself...never better said!
boldrph
Champion Author Topeka

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Message Posted: Aug 21, 2012 2:04:47 PM

efficient use is the key
Dale Jag
All-Star Author Riverside

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Joined:May 2003
Message Posted: Aug 21, 2012 1:27:43 PM

Just think what the price of oil would be if we were using more!

Solar here, windmills now!
The future is in alternative energy not OIL.
Support the Picken's Plan NOW!
mdotson
Champion Author Grand Rapids

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Message Posted: Aug 21, 2012 12:43:19 PM

Stupid!
nickatnite
Veteran Author Indianapolis

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Message Posted: Aug 21, 2012 12:08:59 PM

"Emotional Factors" or price gouging?
IMLURCH
Champion Author Minnesota

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Message Posted: Aug 21, 2012 11:59:33 AM

It is all a scam by the oil companies to get the price higher to justify higher gas prices and more profits.
slvrdo_dsprdo
Champion Author Nashville

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Message Posted: Aug 21, 2012 11:55:02 AM

"tensions with Iran has prompted some governments to raise the possibility of releasing strategic petroleum reserves"

No, high prices leading up to the election has prompted "some governments", i.e. the U.S. government, to do that.
methaneman
Champion Author Minnesota

Posts:5,333
Points:1,991,740
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Message Posted: Aug 21, 2012 11:41:46 AM

It is a broken system that needs fixing.. To much of the fear factor is in the price of fuel, besides manipulation and speculation.
fenster66
Champion Author Pittsburgh

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Message Posted: Aug 21, 2012 11:40:05 AM

its about time they start coming down...
40mpgsaturn
Champion Author Wisconsin

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Message Posted: Aug 21, 2012 11:36:47 AM

Then prices should be coming down not going up!!
Cheepo
Champion Author Tampa

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Message Posted: Aug 21, 2012 11:35:57 AM

Fear, what fear????????
OaklandInvaders
Champion Author San Jose

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Message Posted: Aug 21, 2012 11:31:48 AM

great and continue to conserve fuel, we can protest and push prices down lower!
RochBear
Champion Author Minnesota

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Message Posted: Aug 21, 2012 11:29:21 AM

Fear has driving Wall Street, for decades. And oil is controlled by Wall Street. This author must have been living under a rock, and just now figured this out?!
GatorGuy
Champion Author Columbia

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Message Posted: Aug 21, 2012 11:28:13 AM

Self generated fear always seems to be an excuse to raise prices. Demand is down, prices should go down.
Samo1961
Champion Author Los Angeles

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Message Posted: Aug 21, 2012 11:26:40 AM

Whatever, bunch of BS if you ask me!!
pper
Champion Author Grand Rapids

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Message Posted: Aug 21, 2012 11:26:01 AM

The speculators will use any excuse to raise prices.
Buck_on_Bass
Champion Author Tennessee

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Joined:Jul 2007
Message Posted: Aug 21, 2012 11:25:33 AM

White House spokesman Josh Earnest confirmed that a release from SPR "is an option that is on the table" in Washington. This comment shows how out of touch the administration is with the current market conditions and how desperate they are for votes. We have no supply disruption to necessitate a release from the SPR. The last release from the SPR had essentially no impact on oil and gasoline prices. A release from the SPR in an attempt to buy votes should be taken as insult to the intelligence of the voters.
briinnc
Champion Author North Carolina

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Message Posted: Aug 21, 2012 11:25:32 AM

We're all afraid we won't be able to afford it, but that doesn't seem to make any difference.
bluetatanka
Champion Author Philadelphia

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Message Posted: Aug 21, 2012 11:23:30 AM

OK
jimmy544
Champion Author Boston

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Message Posted: Aug 21, 2012 11:21:47 AM

Seems to me it is more greed than fear driving the market...
inspiretl
Veteran Author New Jersey

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Message Posted: Aug 21, 2012 11:21:40 AM

ok
marsbars
Champion Author Alaska

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Message Posted: Aug 21, 2012 11:20:18 AM

OK
radiorumor
Champion Author Texas

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Message Posted: Aug 21, 2012 11:20:13 AM

Does that mean we are independent now?
Bargaindriver
Sophomore Author Cincinnati

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Message Posted: Aug 21, 2012 11:18:54 AM

Make the speculators pay double for their gas and see how they like it...
Spankster85
Champion Author Chicago

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Message Posted: Aug 21, 2012 11:14:49 AM

Fear drives just about everything.
BanTheEPA
Veteran Author Dayton

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Message Posted: Aug 21, 2012 11:13:38 AM

Ridiculous, raising the price because of "fear" does absolutely nothing to change what they "fear". A restaurant can fear that if we eat too many bacon cheeseburgers it will be bad for our health but that does not justify a restaurant to demand $100 per bacon cheeseburger. All it is, is another excuse to keep prices high. No president since Carter has done anything serious to address the oil industry. This administration, especially if it hopes to see another term, needs to cap prices until excess speculation is driven from the market. Sure its a world market but most of the speculation originates here. Hopefully this would also lead the oil companies to refine and keep our own oil here rather than betray their nation and export it.
k2kipp
Champion Author Minnesota

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Message Posted: Aug 21, 2012 11:13:05 AM

Oil Price.com is also a speculator. Not worth reading.
seahawks
Champion Author Washington

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Message Posted: Aug 21, 2012 11:12:24 AM

it is very simple, it is call greed!!!
ats621
Champion Author Tampa

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Message Posted: Aug 21, 2012 11:12:12 AM

ok
mightyace
Champion Author Tennessee

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Message Posted: Aug 21, 2012 11:12:04 AM

Gee, we can't have reality driving energy prices now can we?
dave1745
Champion Author Gary

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Message Posted: Aug 21, 2012 11:11:17 AM

of course
Diesel_Ram
Champion Author Dallas

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Message Posted: Aug 21, 2012 11:09:26 AM

Probably so.
CAD69
Champion Author Milwaukee

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Message Posted: Aug 21, 2012 11:08:25 AM

More speculation
5Golfer8
Champion Author Tucson

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Message Posted: Aug 21, 2012 11:03:45 AM

Any excuse to raise prices.
Suzzoom
Champion Author Nevada

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Message Posted: Aug 21, 2012 11:03:15 AM

Fear will also be driving our choice in the upcoming election. But do we really know what--or whom--to fear?
RedskinGas
Champion Author Tennessee

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Joined:Jun 2006
Message Posted: Aug 21, 2012 11:02:46 AM

As always, no real reason, just something might happen.
bbthegun
Champion Author San Diego

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Message Posted: Aug 21, 2012 11:01:11 AM

And yet, we get screwed every day...
NanookAK
Champion Author Anchorage

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Message Posted: Aug 21, 2012 11:00:49 AM

Hopefully it will start to change as a result of November's election.
19sheldon43
Champion Author Los Angeles

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Message Posted: Aug 21, 2012 10:59:54 AM

No correlation between oil and gas
dynamouse
Champion Author Michigan

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Message Posted: Aug 21, 2012 10:59:14 AM

ok
HYEgasCA
Champion Author Fresno

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Message Posted: Aug 21, 2012 10:59:12 AM

hope and change? suckers!!!

[Edited by: HYEgasCA at 8/21/2012 12:00:00 PM EST]
DarthDadJr
Champion Author Virginia

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Message Posted: Aug 21, 2012 10:58:57 AM

There are many factors that go into pricing oil, such as fear...gee, I didn't know that.
BudsterMO
Champion Author Kansas City

Posts:6,876
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Message Posted: Aug 21, 2012 10:58:16 AM

Blah, blah, blah, blah. Stop Oil Speculation (SOS) NOW!
matthwbar
Champion Author Toledo

Posts:7,131
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Message Posted: Aug 21, 2012 10:57:57 AM

No kidding...
gasper
Champion Author Edmonton

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Message Posted: Aug 21, 2012 10:55:48 AM

We have enough oil in North American and with that tons of speculators who keep prices high on all products.
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