The sky is the limit. 1. Obama's policies have effectivly cut us off of any new oil reserves in this country. 2. Obama's is taxing convential fuel to pay for "green" energy programs that are just windfalls for Obama's friends. 3. Quantitative easing by the FED is causing the dollar to devaluate on the world market. 4. We are about to enter into the summer fuel program where the EPA requires up to 60 different kind of blends for fuel based on selling location.
I agree they may hit around $4.50. However, they will then come down. This is a false price run up, pushed by the speculators, and when people start driving less (like we did before), the speculators will be dumping their shares to keep from getting caught short. It makes no difference who is President. This is a free market commodity traded worldwide, a mix of supply and demand judged by "gamblers" determines the price.
It will peak at a little over $4 then the the administration will bring it down a month before the election.Anyone who thinks that government can't control oil prices is mislead.
head of energy has stated he wants us to pay european prices (10.00). i say mine algae. oil prices will immediately go down and the problem will be solved. have faith in your comrade obama. he will save us from ourselves. you'll see.
10 comments:
$4:50, but it's all George Bushes fault.
The sky is the limit.
1. Obama's policies have effectivly cut us off of any new oil reserves in this country.
2. Obama's is taxing convential fuel to pay for "green" energy programs that are just windfalls for Obama's friends.
3. Quantitative easing by the FED is causing the dollar to devaluate on the world market.
4. We are about to enter into the summer fuel program where the EPA requires up to 60 different kind of blends for fuel based on selling location.
$4.50 to $5.00
$5.799.
too high thanks sjd
I agree they may hit around $4.50. However, they will then come down. This is a false price run up, pushed by the speculators, and when people start driving less (like we did before), the speculators will be dumping their shares to keep from getting caught short. It makes no difference who is President. This is a free market commodity traded worldwide, a mix of supply and demand judged by "gamblers" determines the price.
$5.00 Thanks Oblahblah...
It will peak at a little over $4 then the the administration will bring it down a month before the election.Anyone who thinks that government can't control oil prices is mislead.
$6.00 , keeping up with other countries.
head of energy has stated he wants us to pay european prices (10.00). i say mine algae. oil prices will immediately go down and the problem will be solved. have faith in your comrade obama. he will save us from ourselves. you'll see.
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