Oil Prices on FB ..... (Fearless Blue)

Hi, This morning 3.25.12 before I went to work a ton of oil was 2800. Now 9 hours later and the price has dropped to 1237 a ton. Demand hasnt changed if anything its gone up. If you look at this graph youll see where the price has dropped in a stright line https://sim02.simcountry.com/cgi-bin/cgi2nova?SN_ADDRESS=wwwCountry&SN_METHOD=w3graph&miTable=tldhist&miKey=116&miColumn=vTradeMarketPrice .... Can anyone tell me what is going on. Thanks ......

demand was something crazy like -48,000,000,000 which was unsustainable and many corporation's production was interrupted due to the supply issue.

The demand is now a reasonable 6,000,000,000

The oil price is now reasonable and more realistic and electric corps can now profit normally from a completely red demand instead of losing 2-3B per month selling at top price but paying a crazy +3,000 price for oil, which is a huge expense for electric companies.


In a few words... her name is Supply Fairy.

Guess we will buy another 36 trillion in oil and drive up the price again. Thought this was a free market. Not control by GM .........

Oh yea also the power market has been hurt by me transfering power from other worlds which Ill start again asap. Profit from power companies is a thing of the past ......

I am having the same problem with oil on lu. It caused countries that were making a profit Into suffering a loss 3 of my countries went from making over 125b per game month into making only 5b or even losing money. The reason i built those oil corps were to produce a profit and i did the caculations according to the price versus demand and realized that i could make a good profit. Now because of market interferance those corps become usless. Not very fair when the rules of the "fair market" strategy get thrown out the window. Now all the money i used in building those corps was wasted because of no fault of mine I want reimbursed for those corps it is only fair.

I would like everyone to look at my profit graph in one of my countries because of the recent interferance in the oil market.

https://sim05.simcountry.com/cgi-bin/cgi2nova?SN_ADDRESS=wwwCountry&SN_METHOD=w3graph&miTable=cntrhist&miKey=325&miColumn=vCmainIncome

Now would that make you pissed off.

Crazy, see my post in our forum re. the economic turbulence.

Since the 6th March Game Update the game has been experiencing measures the GMs have tweaked to put us on a course for smaller figures. These take time to filter through and will cause all kinds of ups and downs.

I have had many drastic drops like that recently and I've also have many steady declines since.

It would be helpful if the GMs published all the tweaks to do this. One could achieve smaller figures by simply moving the decimal point.

Holy Shit CE lol

We've encountered this problem on KB too. Furniture is in a + of 12T, Cement of +18T, Oil +8T (which i guess is kind of reasonable) and Coal +9T.

So yeah, quite a few odd happenings on KB as well.

You are experience an inventory reduction on my part. (Furniture, Cement, Oil and Coal)

Yes, yes, yes and yes

KB world

Oil on FB @ 3,500

At that price I reduced the royal stock. (At a handsome profit)

On most worlds the massive price drop coincided with a large oversupply.

However unless the graphs are incorrect, LU's oil situation is different. There was an enormous drop in the price of oil, from almost 3500 to 1233 in one month. On the exact same month, there was a large DROP in oil supply of several billion units. Further, there was an oil shortage of varying severity during the entire period, even on the month that the price took a nosedive. At no point on the graph is any market surplus indicated.

What happened on LU?

I would like the communities thought on. Is it morally right for the GM to interfer with the market. I have worked very hard over the last month or 2 too build up my econ countries to make a profit. then right when they get to 95% employment and start making a decent profit of about 125b per game month. now with employment still at 95% my countries are barely making 2-6b per game month so all of my hard work is destroyed in one game month by the changes made by the GM. IS this right????? by the way i have 9 countries on lu that have been affected like this costing me about 1t per game month or 6t per real day.

I agree CE. My country profit is down almost 1/2 what is was making because of oil and electric power whamo's on us.

I think we should bomb the people tanking the markets.

BadDukes... the Glitch is Fixed.

I've noticed a drop off on GR as well i.e. profits in countries.

While oil is still in the red, adjustments of some type have been made by the GM; appears to be a drop in price similar to what is being reported on LU.

And, after I stated on another thread that I had my government costs under control, they are now shooting through the roof again......

BadDukes.....why would you intentionally sabotage the market?? Just to be a d*ck?

Thanks for confirming what I see CE .... You know I can drop 6,000,000,000 into the oil market right now and the price is not going to drop like that. Would it drop over time? Sure but not drop 50% in one game month. What or who changed the price?