investment banks « Moot News .com

Still Believe in Supply and Demand, Tooth Fairy, Santa Claus

Well, despite the catchy title, it is very realistic.

The prompt to write this was based on Oil Prices.

Why oil?

Never in 80 years before has there been so much oil in storage tanks in the U.S.

Demand for oil has not changed much if any and yet even at lower production levels, we […]

It was a known fact back in 2007 that the breaking point price where oil prices in the U.S. would break the economy was around $90 per barrel.

This is to say the oil prices at or above this level can have such a negative effect on the economy that it shrinks and causes the […]