GEEEZ!!!
Ya Think???
Click the Pic
Posted on 01/02/2011 8:34:08 PM PST by Nachum
Price of oil rises 30 percent in 2010; gasoline prices could hit $4 a gallon in 2011
NEW YORK (AP) -- The price of oil is poised for another run at $100 a barrel after a global economic rebound sent it surging 34 percent since May. That could push gasoline prices to $4 a gallon by summer in some parts of the country, experts say.
Flying, shipping a package and ordering a pizza all likely would get more expensive in the new year if that happens and companies pass along higher energy costs. Some economists say rising energy prices will slow economic growth.
The U.S. is the world's largest oil consumer, but prices since spring have been on a roll primarily because of rising demand in developing countries, especially China. China's oil consumption is expected to rise 5 percent next year; that compares with less than 1 percent growth forecast for the U.S.
(Excerpt) Read more at finance.yahoo.com ...
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Barry’s boys have a lot of Chevy Volts that they need to get rid of.
Hmmmm, I guess they don’t have Bush, Cheney or Halliburton to kick around any more. No mention of Obama in the article. No mention of the declining value of the dollar under Obama’s watch. Lots of thing unmentioned in the article. Drill baby drill.
Some real bright fellers here.
Global economic rebound? ROFL. Fiat money.
GEEEZ!!!
Ya Think???
Click the Pic
Gee, I wonder if asshat’s successful ban against drilling in the Gulf has had anything to do with that. All of the rigs have gone bye bye, and now it looks like 2012 before another well is drilled. Thanks bama..
We're in good shape folks, it's only "some" economists who say it.
Means diesel is gonna be 5$ again I suppose.....;o(
Bob Brinker talked about this over a year ago on his radio program. He predicted a rise in oil prices because of Obama’s push for things like wind and solar power, coupled with the ban on drilling. He was baffled by the Obama energy policies....
Remember Iran’s Ahmadi-Nejad has just taken over as head of OPEC!
And Soros does not want his Brazilian investments and off-shore drilling to face competition that Obama can so easily stop!
Nor does Obama’s other boss, Saudi Arabia want our purchases to diminish.
There is so much slime around Obama that I don’t believe there is enough detergent in the world to wash it clean.
WHAT??? You mean it ISN’T the fault of the evil oil men in the White House? HOW CAN THIS BE!!!
Obama’s media buds are trying to soften the blow when gas finally hits $4 due to Democrat stupidty, and the economy begins to shut down again.
At $4 gas, we stop making a lot of trips.
Oh, really.....THE bob brinker who voted for Obama?
Well, not really. Read the article.
Yep, that’s a shocker and I lost all respect for him with that move. Somebody told me he supported Clinton as well. Do you know if that’s true?
No, I don’t know about that.
That's extremely bad news.
It will be a Herculean task, like Hercules cleaning out the Augean Stables..
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