Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: OKIEDOC

$70 a barrel wouldn’t start a world wide depression (at least not by itself). In fact, until we hit about $120 there was very little resistance around the world.


45 posted on 06/22/2008 5:43:23 AM PDT by rb22982
[ Post Reply | Private Reply | To 34 | View Replies ]


To: rb22982

The $70 figure was based on what the Saudi king and his oil folks have stated is a livable price without upsetting the world apple cart.

On another note:

Of course the Democrats would rather tax our way out of the problem of high oil prices....ROFLMAO.


52 posted on 06/22/2008 10:30:00 AM PDT by OKIEDOC (OBAMATIZATION - A Liberals Religion ABORTION - The ultimate form of Liberal Child Abuse.)
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson