so, is /. right?
Oct. 28th, 2008 11:10 amA recent /. poll asked the question (silly Cowboy Neal answers removed)
So were they (and I) right? I haven't had the time to do any research on it...
Why are oil prices dropping?With the vote being what I'd been guessing (without reading up on it) for about 3 weeks now: "Speculators have no cash" over "Decrease in Demand" by a 2 to 1 ratio.
Decrease in overall demand (people are conserving or using alternatives)
Increase in overall supply (they're pumping more, or a new source of oil was found)
China has decreased consumption after the Olympics
Speculators ran out of funding due to the credit crunch
Government conspiracy (Bush administration? Elections?)
The dollar is strengthening
So were they (and I) right? I haven't had the time to do any research on it...