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rooftoptendie 6 points ago +7 / -1

When demand is low, you price high. I agree that its possible/probable that the price of oil was being changed around in anticipation of the WuFlu, but not because of basic supply and demand. That don't make no sense.

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HaleyNunes2024 10 points ago +10 / -0

Yep, anon has it back-asswards. It's crazy enough to believe the Saudis and Russians would cooperate to decrease the price of oil. It makes even less sense that this would somehow "reset" the world economy - cheap oil prices hurt the producers, but benefit everyone else.

It is exactly what it appears to be: two major producers fighting to maintain market share and survive in a low-demand environment.

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Kanbesto 1 point ago +1 / -0

What? Supply and demand don't work like that. Demand high = price high. Demand low = price low. Look at a clearance rack. No demand = low price.

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Jojobelle 3 points ago +3 / -0

Can you explain this a bit more for me who doesn’t quite get it ??

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TitleCorrection 2 points ago +2 / -0

It’s a screenshot of a post by an anonymous OP aka “anon” at 4chan.org/pol/ which is like r/politics at commieddit (aka Reddit) but with less censorship and a very shitty site design, wherein the anon presents a theory re: the recent oil price war between Russia and SA with allusions to a QAnon theory of an undergoing attempt by patriotic Americans led by President Trump to free the world from debt slavery at the hands of the global banking cartel.

Edit: There could be some truth to the theory. (article from Nov. 28, 2016)

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createaccount 3 points ago +3 / -0

wanna know who loves that word "reset" right now?

the twatter cuckolds with the it's a cultural reset

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Wulfschilde 2 points ago +2 / -0

The economy was getting pretty bubbly before governments got a reason to make everyone stop working for awhile. It's interesting timing at the least.

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Johngalt 1 point ago +1 / -0

But they increased production

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GeauxTrump20 1 point ago +1 / -0

Are we sure the civil war hasn’t started?