Results 1 to 4 of 4

Thread: How long before everything related to oil is unbearably expensive?

Hybrid View

  1. #1
    Olympic Champ
    Join Date
    Mar 2007
    Location
    On the forums
    Posts
    8,345

    Default How long before everything related to oil is unbearably expensive?

    Oil hit $92 per barrel today. With current prices of oil how long before gas at the pump goes higher and necessities such as foods increase in prices since trucks have to deliver them and freezers use energy to keep them fresh? Higher prices at the pump will also negate any savings due to living in the suburbs since people have to drive longer distances and pay a lot at the pump.

    I see a major crisis coming up

  2. #2
    Olympic Champ
    Join Date
    Apr 2007
    Location
    It's a long way from East Colorado
    Posts
    3,740

    Default Re: How long before everything related to oil is unbearably expensive?

    No crisis for oil execs or managers (which will likely include Mssrs. Bush and Cheney in another year or so).

  3. #3

    Default Re: How long before everything related to oil is unbearably expensive?

    don't think that by the Soviets not supporting economic sanctions against Iran that it is actually helping the problem...a stable middle east is imperative to lower oil prices...

    If you are so pissed at Oil Prices, invest in Energy and Oil stocks...I have done that to offset the higher prices in Oil and Energy.
    "Light travels faster than sound. This is why some people appear bright until they speak."

  4. #4
    Olympic Champ
    Join Date
    Mar 2007
    Location
    On the forums
    Posts
    8,345

    Default Re: How long before everything related to oil is unbearably expensive?

    Your vision goferphan is small minded. People in the middle east are not interested in living in a way that suits Western economies better for one. Second, there is just not that much oil to suit all Western vices in the world.

    Thirdly, congratulations on becoming an oil puppet by investing in oil stocks and wishing the price goes even higher.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •