Re: $4.00 +++ per gallon
 

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Funny thing is, there is no shortage of oil. It's all those damn speculators and government is doing nothing to stop it.

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Could not say it better---screw the little people

Re: $4.00 +++ per gallon
 

The same thing that happened to the mortgage industry can happen to the oil industry. Again. Remember when gas dropped to $1.00 a gallon? Bubbles burst. When demand drops due to high prices, and inflation isn't held back, you have "stagflation" like we have now. If the Fed does their job of keeping the interest rates in check, the recession will be short lived, as what happened when Bush Sr. left office and Clinton took over.
A quick geo-political observation: Bin Laden may be crazy, but he's not stupid. We drove the Soviets into financial implosion with their war in Afganistan. (With Bin Ladens help). Now we have a war where he's trying to do the same thing to us to us. The hidden costs of this war have helped to produce a record deficit, which can lead to a financial depression if not kept in check. https://www.yenko.net/ubbthreads/images/graemlins/no.gif JMHO

Re: $4.00 +++ per gallon
 

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we build Nuclear power plants like crazy.

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Nuclear Power ROCKS!...

Re: $4.00 +++ per gallon
 

we build Nuclear power plants like crazy.

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Nuclear Power ROCKS!...

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https://www.yenko.net/ubbthreads/imag...emlins/eek.gif

http://getsustainable.net/blogfiles/...mer-768568.jpg

Re: $4.00 +++ per gallon
 

Demand for gasoline in the US has actually declined about 1% over last year's rate (Lundberg Letter?). Global demand however, has continued to rise. Csaba Csere in Car & Driver magazine has an excellent article illustrating the pickle that we are in regarding fuel prices, look for the issue with the 08' Challenger on the cover.
On the brighter side, once the rest of the world realizes that the myriad of bundled subprime mortgage investments we've been unloading on them are worthless, global demand will indeed decline as they begin to realize that they aren't so wealthy either . By that time, our dollar could be on par with the peso though. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: $4.00 +++ per gallon
 

Everybody got a good point;no excuse for people to be paying $4.00 a gallon.All about the dollar:not about the right thing anymore.Chris teed

Re: $4.00 +++ per gallon
 

107.90 a barrel and climbing boys... https://www.yenko.net/ubbthreads/images/graemlins/no.gif

Re: $4.00 +++ per gallon
 

Loaded up my Diesel dually with the trailer tonight. I've got run 500 or 600 miles tomorrow, filling up is hard to do......didn't Neil Sedaka have a song like that? Hopefully my state will pass a new traffic law making it legal to draft behind other vehicles https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: $4.00 +++ per gallon
 

No, that was "breaking up is hard to do". Here he is the man himself singing it from 1966 on The Shaw Saturday Hop Show!!!! ENJOY!!!! I am a big Sedaka fan https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif NOT!!

https://www.youtube.com/watch?v=tbad22CKlB4

Rich

Re: $4.00 +++ per gallon
 

How about $5.00 +++ per gallon?

http://www.sanluisobispo.com/news/lo...ry/304197.html