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It's Coming: $65 Oil {Good News / Bad News}
The Atlantic ^
| OCT 28 2014
| DEREK THOMPSON
Posted on 10/30/2014 4:47:37 AM PDT by thackney
click here to read article
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1
posted on
10/30/2014 4:47:37 AM PDT
by
thackney
To: thackney
It is only because elections are coming up and someone was told to drop the price. Prices WILL rise after the electiions. Give a month after the elections.
2
posted on
10/30/2014 4:58:52 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: MeneMeneTekelUpharsin
someone was told to drop the price Yeah, that's the ticket. Magic control of the world's commodity markets. All they had to do was ask. < /sarc>
3
posted on
10/30/2014 5:00:12 AM PDT
by
thackney
(life is fragile, handle with prayer.)
To: thackney
“Prices WILL rise after the elections.”
Only ignorant “O” supporters would fail to recognize this.
4
posted on
10/30/2014 5:00:47 AM PDT
by
SMARTY
("When you blame others, you give up your power to change." Robert Anthony)
To: MeneMeneTekelUpharsin
Seriously? Look at the production increases in the USA and Canada. That says it all.
5
posted on
10/30/2014 5:02:33 AM PDT
by
hawkaw
To: thackney
Finally! now I can afford to eat at McDonalds seven times a week!!!
To: MeneMeneTekelUpharsin
Looks like an election year pattern to me...
7
posted on
10/30/2014 5:03:59 AM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Cruz_West_Paul2016
Finally! now I can afford to eat at McDonalds seven times a week!!!And use the drive-through!! (/s)
8
posted on
10/30/2014 5:06:02 AM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Smokin' Joe
with 2.50 gas, maybe braindead obama supporters will finally stop calling 911 every time their burger meals are screwed up.
To: MeneMeneTekelUpharsin
It is only because elections are coming up and someone was told to drop the priceBingo. Bingo, Bingo.
10
posted on
10/30/2014 5:07:33 AM PDT
by
Vinnie
To: thackney
It’s a DEPRESSION, world-wide in scope, and nobody will call it for what it is.
In a normal boom-or-bust cycle of the whole world of economics, the bust, which evaporates all the excess medium of exchange from the trading markets, leads to more sound fiscal thinking, and despite the promises of Keynesian economics (which call for PUMPING UP the money supply), the reduced money in circulation should lead to a more solid basis of assigning worth to each unit of currency. People have less, of course, but this is balanced by the low and falling commodity prices, and generally the new equilibrium restores the ratios between income and outgo.
Thus resetting the growth patterns back to “normal”, establishing a new era of general prosperity.
Until some runaway notion or fad again bids up prices in an artificially induced scarcity, leading to a more and more false prosperity.
Dropping of petroleum prices at the end of the Bush 43 Presidency did nothing to preserve the White House for the Republicans, or even win back anything in either the House or Senate.
Debt, both internal and international between nations, is the driving factor for this explosion of confidence, as the debt load becomes too onerous to be supported by the various separate economies, and the house of (credit) cards comes tumbling down.
11
posted on
10/30/2014 5:15:49 AM PDT
by
alloysteel
(Most people become who they promised they would never be.)
To: thackney
That’s good news. The bad news is that it has to go for my Health insurance increase....thanks to Obamacare.
To: thackney
They’ll drop until about mid-December.
13
posted on
10/30/2014 5:19:52 AM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: thackney
14
posted on
10/30/2014 5:20:55 AM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: thackney
$2.73/gallon in Lakewood, WA!
15
posted on
10/30/2014 5:21:58 AM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: Jack Hydrazine
I paid $2.63 in Pasadena, Texas this morning.
16
posted on
10/30/2014 5:22:47 AM PDT
by
thackney
(life is fragile, handle with prayer.)
To: Smokin' Joe
does this mean the cost of a call girl will also drop 30%?
To: thackney
Saw a couple stations on a remote part of I-5 in central CA yesterday. $4.39 to $4.59/gal. Didn’t stop to see if they were wearing guns.
18
posted on
10/30/2014 5:28:35 AM PDT
by
umgud
(I couldn't understand why the ball kept getting bigger......... then it hit me.)
To: Cruz_West_Paul2016
Gas will be $2.50, but the burger will be $19.95
19
posted on
10/30/2014 5:30:13 AM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: umgud
$2.70/9 for 87 oxy in mid Missouri.
$.50 spread for 93 straight premium !
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