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To: tcrlaf

One can already see the devastating impact of crashing oil prices in Texas. Home sales are leveling off, people being laid off and there is little hope for a fast recovery in oil prices.

America needs oil to be back at $100 to $120 a barrel and gas prices to be back at $3.50 a gallon.


3 posted on 01/20/2015 12:13:10 PM PST by Oliviaforever
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To: Oliviaforever

Americans scream for lower gas prices and now we want them higher?


5 posted on 01/20/2015 12:15:13 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Oliviaforever

“America needs oil to be back at $100 to $120 a barrel and gas prices to be back at $3.50 a gallon.”

Um, speak for yourself, maybe Texas needs that, but I think most drivers are just fine with gasoline prices where they are.


6 posted on 01/20/2015 12:19:54 PM PST by Boogieman
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To: Oliviaforever
Prices go up and down as business cycles evolve.

Historical Crude Oil Prices - Crude Oil Price History Chart

17 posted on 01/20/2015 2:08:32 PM PST by deport
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