sniper6081 (November 30, 1999 at 12:00 am)

Right wing? ABC is left wing. I can already tell you have no idea what you're talking about. Also, people don't get paid by big corporations to speak highly of them. It doesn't work that way.

asianmacker (November 30, 1999 at 12:00 am)

P.S For someone who owns oil stock, good job on losing money because oil stocks have plummeted; even Exxon Mobil's share value have dropped substantially. Maybe if you actually understood how supply and demand works, you could have made a better investment choice.

asianmacker (November 30, 1999 at 12:00 am)

LOL so just because you own oil stocks automatically makes you the expert? Im sorry, but where is your evidence again?! Oh thats right, YOU HAVE NONE. Idiot. And your last statements are laughable at best. Diamonds are valuable ANYWHERE, even in the ground in Africa. What kind of dumb analogy is that?! Oil supplies aren't low; but it takes a lot to get the oil out of the ground and to refine it in an efficient and timely manner which is why keeping up with demand can be difficult.

semitar6 (November 30, 1999 at 12:00 am)

Because he is a hack for big business,which owns the news network. Extreme right wing propaganda.

semitar6 (November 30, 1999 at 12:00 am)

As someone who actually owns oil stock, I will trust my own take on the situation then some idiot who posts on youtube. Supply in demand is a illustion. Think of diamonds, their valuable here but you can find them in Africa laying on the fricken ground. It's a illusion. If oil supplies was actually low you might have a point but their not and wont be for a long time to come.

sniper6081 (November 30, 1999 at 12:00 am)

Why is Stossel the only one defending big corporations?

asianmacker (November 30, 1999 at 12:00 am)

If you are still dumb enough to think that supply and demand has nothing to do with determining the oil prices, just look at whats happening right now; now that most of the world is in recession, global demand for oil has decreased mainly due to things like people taking public transportatin as a means to reducing their living expenses.

asianmacker (November 30, 1999 at 12:00 am)

LOL supply and demand sets the price of virtually all consumer products out there. Economists would laugh at you if they read your idiotic comments. Oil is traded on stock markets just like any other regular stock. The 3 stock exchanges that determine the price of oil are: International Petroleum Exchange in London,Singapore International Monetary Exchange and the New York Mercantile Exchange.

semitar6 (November 30, 1999 at 12:00 am)

This asian is a crackhead.

semitar6 (November 30, 1999 at 12:00 am)

Actually only a moron like you would say the principles of supply and demand is what sets oil prices...Your kidding right? Prices rarely reflect true supply, considering oil futures are traded on the market. People buy into oil to protect them from inflation, which means what you idiot? The price of oil, in not always relative to the supply. For a asian your math sucks...