Please explain.

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Jan 29, 2015
12:35:11pm

Y'zFan

Please explain.

I think if we could accurately predict $30 BBL oil for the next 50 years it would be a good thing. It would put a lot of people out of business for a while. They would have to transition into whatever sector picks up the demand. Because there would be a lot more money to go around.

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Y'zFan

Previous username: KoogFan
New username: WizeGuise
Bio page: Y'zFan
Joined: Sep 16, 2005
Last login: Jan 5, 2018
Total posts: 0 (0 FO)

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Messages

Author

Time

This is too bad. Negative effects of cheap oil hitting Utah.

swishh_15

1/29/15 12:14pm

Verifying my basic rule of life:

Blue Print

1/29/15 12:16pm

Case in point, WWII was awesome for weapons manufacturers

CSoul

1/29/15 12:18pm

<< Deleted >>

Indy Coug

1/29/15 12:21pm

What about bacon?

Jeremy

1/29/15 12:30pm

cholesterol levels

TheDeek

1/29/15 12:34pm

And???

Walter Bellhaven

1/29/15 12:41pm

RE: What about bacon?

swingcat

1/29/15 12:36pm

80 jobs will be easily made up by increased spending power of the consumer.

cougarfann888

1/29/15 12:19pm

I agree but it's still sad a lot of hard working utahs who arent going to be

swishh_15

1/29/15 12:24pm

Definitely a bummer. But tons of people get laid off everyday regardless of gas

Ebolarama

1/29/15 12:25pm

My point was to show the adverse effect of cheap oil.

swishh_15

1/29/15 12:25pm

but it will likely be a net gain for society as a whole. Free market FTW.

swingcat

1/29/15 12:37pm

You think the oil market is a free market?

BYUCoug11

1/29/15 1:07pm

nothing in the world is truly a free market any more but oil is becoming more

cougarfann888

1/29/15 1:14pm

that increased spending will take a while to manifest itself

BYUCoug11

1/29/15 12:30pm

#Romney'sfault #Romneyhatespeople

Cougarclaw

1/29/15 12:25pm

Every time someone profits,

Finngirl

1/29/15 12:27pm

This is different. A lower price is good for the economy overall. It

Y'zFan

1/29/15 12:29pm

there is a certain price that is good for the economy

BYUCoug11

1/29/15 12:31pm

Please explain.

Y'zFan

1/29/15 12:35pm

Diminishing marginal benefits - going from $120 to $60 provides a lot of relief

BYUCoug11

1/29/15 1:01pm

I agree on steady and predictable being better than volatile and unpredictable

Y'zFan

1/29/15 1:07pm

why would everyone be better off if oil was free? Interesting argument

BYUCoug11

1/29/15 1:11pm

Definition of wealth to me.

Y'zFan

1/29/15 1:19pm

if it grew on trees, nobody would want it

BYUCoug11

1/29/15 1:21pm

You think it's a zero sum game?

swishh_15

1/29/15 12:29pm

If only all things were run by our virtuous, enlightened, fiscally responsible,

Born2Fish

1/29/15 12:42pm

Signed, Venezuela

HuskerFan2

1/29/15 12:49pm

This explanation sounds vaguely familiar...

1/29/15 1:13pm

Said nothing about anyone being evil.

Finngirl

1/29/15 1:33pm

You said nothing about "decline in one industry often benefits another"

1/29/15 2:33pm

I was speaking in general terms.

Finngirl

1/29/15 2:52pm

I can tell him why he was fired and not the 6 month. The 6 month is way cheaper.

byuluvr

1/29/15 12:28pm

She is correct, I've never seen the low gas price constellation either

therock

1/29/15 12:34pm

It's near Uranus in our galaxy.

1/29/15 12:35pm

Snicker. He just said Uranus.

Y'zFan

1/29/15 12:37pm

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