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Comment Re:Not Really --- And Rooting For This = Horrible (Score 1) 441

Um, dude, perhaps read up a little on the supply and demand theory of pricing. If the price of oil goes down it is for two reasons: (1) more oil available (2) less oil being used. (1) is obviously never true. (2) is the correct answer. Sure, the response to lower prices will eventually be increased usage but that in turn will simply lead back into higher prices.

Comment Re:How quaint. (Score 1) 441

The Saudis have been attenmpting to cut supply and hence increase prices for a long time. They do not have the pricing power they once did. Russia is hurting and has to sell all it can. The rest of OPEC doesn't want to slow down. Venezuela can't slow down.

As for produce, I at least have seen cheaper goods in several categories recently at my local supermarket, though the oil price will be a second order impact.

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