Oil Price Questions?

How come the price of computers and other eletronic devices keep dropping but oil price keep rising?Oil Price Questions?
Electronic devices like computers generally decline in price due to the ability of producers to make innovations in how to produce them at a lower cost. However, you generally do not see this with oil prices. Why? First off, oil is found only in certain parts of the world thereby making it more scarce (the economic problem of scarcity). More scarce items tend to sell for higher prices. But I think the major problem with oil prices is that OPEC (the Organization of Petroleum Exporting Countries) is a cartel. As with all cartels, they arbitrarily keep oil prices high so that members can make as much money as possible. Since oil refineries that turn crude oil into useful things (like gasoline, kerosene, diesel fuel) in the U.S. have to pay such a high price to get the crude oil, reduced prices for consumers in part due to increases in productivity by suppliers are not possible (or at least not overly notably).Oil Price Questions?
That all depends if your looking at cheap computers or real power House computers.


You can build your own computer on Aleinwares site by building i mean choose everything you want Alienware to put into your custom computer.


I am in the 9 to 10 thousand dollar range, i dont think thats extreamly cheap.


Try it for your self


Have a nice day
because oil is a limited resourse, plus the president of USA is a greedy oil man and is doing his buddies favors by letting them rape us, and electronics are endlessly produced and are quickly outdated by the newer better model, and the newer always lowers the price of the later models
Computers don't need fossil fuels to operate them.
oil is getting lower as we consume so much by making the computers ect