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Message: <blockquote data-quote="Marbleyes" data-source="post: 202452" data-attributes="member: 675"><p>Commodities like oil are still global markets, which obviously means the commodity price is effected by global economies, not just the U.S. Since global economies are good and the outlook for major global markets is so good, the futures prices are up. In other words, supply and demand drive oil prices along with other commodities, much more than anything else, except maybe some temporary geopolitical stuff. Every major country’s economies are so intertwined with one another. If the president had the kind of effect people claim, then why does WTI pricing tend to follow Brent Crude pricing? Same goes for coal, why do you think trump hasn’t been able to bring the coal industry back like he claimed he would? Supply and demand is why. He could get rid of all regulations but if the demand isn’t there the companies won’t just waste their money.</p></blockquote><p></p>

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