#1
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Cost of OPEC to produce a barrel of oil...
$4, Then they sell it on the open market for $70!?!
Talk about a scam.... |
#2
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Re: Cost of OPEC to produce a barrel of oil...
Capitalism rocks. Good for them.
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#3
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Re: Cost of OPEC to produce a barrel of oil...
[ QUOTE ]
Capitalism rocks. Good for them. [/ QUOTE ] Monopolies rock... |
#4
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Re: Cost of OPEC to produce a barrel of oil...
I seriously doubt it only costs them $4 to produce a barrel.
However, I also even MORE seriously doubt $70 is an even remotely fair price. [img]/images/graemlins/smile.gif[/img] |
#5
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Re: Cost of OPEC to produce a barrel of oil...
[ QUOTE ]
$4, Then they sell it on the open market for $70!?! [/ QUOTE ] This is pretty much nothing compared to a lot of products. Stuff like perfume and lipstick costs like 5 cents to make. |
#6
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Re: Cost of OPEC to produce a barrel of oil...
A lot of the oil on the world market has a considerable lower production cost (about 50c pr barrel) while some is at above $10 per barrel.
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#7
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Re: Cost of OPEC to produce a barrel of oil...
yeah this whole world free market economy is total [censored] the USA over. were seriously hemorraging cash here.
maybe if we didnt use oil in such a wasteful fashion... |
#8
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Re: Cost of OPEC to produce a barrel of oil...
[ QUOTE ]
[ QUOTE ] $4, Then they sell it on the open market for $70!?! [/ QUOTE ] This is pretty much nothing compared to a lot of products. Stuff like perfume and lipstick costs like 5 cents to make. [/ QUOTE ] At least with those you can pretend you are paying someone extra to design it for you. |
#9
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Re: Cost of OPEC to produce a barrel of oil...
[ QUOTE ]
However, I also even MORE seriously doubt $70 is an even remotely fair price. [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] if someone pays it, it's fair. |
#10
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Re: Cost of OPEC to produce a barrel of oil...
[ QUOTE ]
[ QUOTE ] However, I also even MORE seriously doubt $70 is an even remotely fair price. [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] if someone pays it, it's fair. [/ QUOTE ] In fact I would maintain that we are ripping OPEC off. If there are gas shortages in certain areas that means that demand is outpacing supply and prices should be raised. |
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