Oil surges to $66 a barrel ... Reported on Drudge

Drudge ^ | 08/11/2005 | Unknown

[DownInFlames]

Oil surges to $66 a barrel ... Developing

[TheBigB]

Gee, good thing we went to war for oil, otherwise it might get expensive.

[NathanBookman]

Good, maybe people will start conserving and develop viable alternative fuels.

[edcoil]

These are future buyers, not sure who they are, could be the Chinese government using our tax money via MFN.

[wallcrawlr]

who are all these nervous ninnies that are driving the $$$ up, up, up??

[BenLurkin]

[wallcrawlr]

yeah, like my horse

[sydbas]

Why does Drudge feel it necessary to front page every penny rise in oil?

[newgeezer]

...and you said the price was going down. ;)

[Stellar Dendrite]

Giddyup!!

[familyop]

Yes, and despite the recently regained control of corporates over the Fed to raise the rate (remember all of the whining in the late-'90s?), the US dollar must fall.

And that is good for working folks in our USA. Let our bosses compete with foreigners for our labor, if they're really into free trade (which they are not).

[trubluolyguy]

I keep hearing the folks who say there is no problem wit hgas prices tell us "don't worry they'll go down."

These are the same people who talk about illegal immigration like Officer Bar Brady in South Park, "Move along, nothing to see here"

[tomahawk]

Several years from now, $66/barrel will be considered cheap.

[Red Badger]

I'm sure glad we got all that Iraqi oil, else we'd really be in trouble now!..........

[appalachian_dweller]

>> who are all these nervous ninnies that are driving the $$$ up, up, up?? <<

They're not nervous. They're GREEDY! These companies are posting record profits. Now GWB is giving them a tax break, the flipping moron.

[appalachian_dweller]

>> Several years from now, $66/barrel will be considered cheap. <<

Aren't you just a ray of sunshine.

[NathanBookman]

You burn horse in your car? Cool.

[Blzbba]

"Good, maybe people will start conserving and develop viable alternative fuels."


Don't count on it, Mr Buffalo Butt!

(The 'buffalo Butt' is a tribute to the Nathan Bookman insult from 'Good Times' TV show. Don't know if your handle is a play on him but it was NOT meant as an insult!!!)

[The Last Rebel]

How long till the economy pukes?


TLR

[tobyhill]

Funny how the government wants to give billions for incentives to oil and gas giants to expand but who is already making billions in profits not to expand. I wonder which way they will go?