Replies to post #22466 on HLK Biotech Holding Group, Inc. (AMHD)

[hypertrader]

That was well said. But it is within the american public's power to change things if we would stop trying to be so independent and join forces to vote properly. As long as the government keeps us on a divided front then they will continue to dictate our future. " Government by the people for the people" It seems that it is now " People being governed by the government"

[shellmo]

There are a few reasons for the price increase and one of the big ones is indeed supply and demand. The emergence of China and India's middle class has put increased demands on the worlds supply. About one third of the world's population reside in China and India, and until recently their oil demands were in check. Now they want all the nice things that come with an oil consuming economy. You cannot summarily dismiss that. That is probably the largest single factor in the increase in price.

[overachiever]

Very good post. You have an excellent grasp of the problem. (Plus you have Aziz pegged right on spot)

[jjgarcia]

"It would take 10 to 15 years to bring any significant oil online..." That depends on who you talk to, a Democrat would agree with you. Republicans say 5 to 6 years.

"these prices have nothing to do with supply and demand..."??
Have you watched the day to day fluctuation in oil prices?
When the rebels in Nigeria act up and cut supply...the price of oil rises, when Iran fires off a couple of rockets, just the threat of an oil shortage...the price of oil rises, when there is a strike of oil workers in Brazil...the price of oil rises. The balance of the supply of oil and the demand for oil is directly responsible for the price we pay for gas, heating oil, and any oil based procucts.

[midas716]

As far as supply and demand in the US is considered you may be correct but when you figure in that China and India are sucking down 3000% more oil than they did twenty years ago then supply and demand definately figures into the price of oil today. There just isn't enough 'refined oil' to go around. Low supply, great demand = higher price.