Riz Khan - Rising oil prices - 27 May 08 - Part 2
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Increasing supply takes years, wasn't that mentioned in the first part? Sheesh.. The answer is simple, having good energy policies so that such crisis don't happen.
Renegen1 3 years ago
All Heil Hitler!!!!!!!!
Adolf18891945 3 years ago
Pumping more oil means higher oil supply thus reducing the price of oil and the profit for share holders. The share holders don't have any incentive to pump more oil, because it would reduce the price of oil and the value of their stock.
trueuniverse2100 3 years ago
John, if you happen veiw this clip and read the comments please comment as i have some questions.. great peice ill be purchasing RIGGED no doubt
andrewcadwallader 3 years ago
I hope oil prices go much higher real quick. It'll really force the adoption of other forms of fuels.
GotToPractise 3 years ago
I think its basic economics, increase supply and costs will drop. but we all know why they wont do that. theres enough oil to last us a long time and we do have alternative sources of energy. brazil can drive on vodka if they wanted to, why cant the rest of us? Also venezuelan petrol cost less the 15 american cents per gallon. thanks to chavez.
aswad877 3 years ago