[xjcsa]

Oil companies have seen we will pay $3.00 per gallon without much whimpering. It will never be below $2.60-2.75 or so per gallon again unless some new fuel source is invented.

Sorry, but that's just a silly argument. The price will drop when - and as far as - the supply/demand curve dictates that it do so. Did you read the article at all?

Based on your understanding of economics, I'd bet you're a Huckabee guy...

[am452]

Sorry, but that's just a silly argument. The price will drop when - and as far as - the supply/demand curve dictates that it do so. Did you read the article at all? Based on your understanding of economics, I'd bet you're a Huckabee guy...

You are smoking crack if you think a gallon of gas will ever be $1.50 per gallon in this country ever again...does not matter who is president Republican, Democrat, Independent or looney Tune

[am452]

Sorry, but that's just a silly argument. The price will drop when - and as far as - the supply/demand curve dictates that it do so. Did you read the article at all?

Yep I read the article but I tend to listen to Texas billionaire T Boone Pickens. I think he knows more than YOU and some talking head guy with some books on his desk. T BP has said we have reached "peak oil" now or in a few years and oil will never be significantly lower than what it is now due to China and India and the emerging countries. China's demand is only going to significantly increase.