Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Thinkingabout

(30,058 posts)

6. The world oil prices have gone down for a reason, Saudi is flooding the market with crude

Reply to J_J_ (Original post)

Thu Oct 30, 2014, 12:12 PM

Oct 2014

and all to hurt ISIS and Russia, Russia for the sanctions and ISIS to halt the flow of money. This will be until Russia decides to give up some of their hard headiness. On hurting ISIS hopefully they can be brought under control also.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

They told us the cost of living was so high because of gas prices [View all] J_J_ Oct 2014 OP

good point. nt raccoon Oct 2014 #1

Only because telling it was because of greedy unions causing inflation Warpy Oct 2014 #2

also speculation on our commodities driving costs for excess profits J_J_ Oct 2014 #14

+1. I'm sick of that canard too Populist_Prole Oct 2014 #15

Don't worry, when gas prices go back up, they'll raise everything else. Again. Scuba Oct 2014 #3

the prices of many goods are "upward sticky", prices at the pump being the most notorious example. unblock Oct 2014 #4

My heat went down strawberries Oct 2014 #5

The world oil prices have gone down for a reason, Saudi is flooding the market with crude Thinkingabout Oct 2014 #6

Cheap Saudi oil prices are also hurting US shale oil production JimDandy Oct 2014 #11

It is in the interest of the US also, we have placed sanctions on Russia, their economy is hurting. Thinkingabout Oct 2014 #12

The "unconventional" costs have a lot of hot air built into them Sen. Walter Sobchak Oct 2014 #13

I love it how.... sendero Oct 2014 #7

Not going to happen. William769 Oct 2014 #8

The electricity used to heat my house comes mostly from hydro Bluenorthwest Oct 2014 #9

My heating bill will be much lower Travis_0004 Oct 2014 #10