Originally Posted by
ewrbasedpilot
We were "informed" that "supply and demand" was the only driving force and that we'd just better get used to it. Well, what happened?
Well. Demand dropped like a rock, so supply rose quickly. This prompted the price of oil do plummet. In turn, suppliers have been reducing the output of oil. However, demand has been falling faster than the supply cuts. So....I guess it does have to do with supply and demand.