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Thread: Oil prices made a new high yesterday!
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[quote=GARYKINKADE,283458]I'm having mixed feelings as to whether the higher price of oil is based upon supply and demand economic model or if it's nothing but a farce. It's so easy for the numbers to be manipulated to justify the higher prices .Possibly, the oil producers know that China and India are going to consume energy (oil?) more and are increasing the prices ahead of future demand, or more use of solar and wind power may possibly decrease the demand for oil so they are going to increase the price anyway and get what they can (revenues) before demand decreases. Genetically modified foods? I've heard good and bad about it. The Good....could be pest and drought resistant. The Bad.....Has it been thoroughly teated for human consumption and some corporations are trying to monopolize GM food.(cannot use seeds for replanting?)[/quote]
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