it is bad in the sense that you’re not going to get an extra break. You’re going to use less oil anyway because you’ll have less money to spend for everything. The price is telling us we’re going to be hit by a real recession soon.
If the price was low because of progress such as finding more oil or alternatives, then it would be a good deal. That’s what we’d expect from a Palin energy plan but that’s not the case here.
You mean that it is bad because for the the scum-sucking, bottom-feeding, comodities-traders who have been going long in crude is bad for the USA???
If that is what you are saying, consider me your eternal, mortal enemy.