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To: calex59

At $20/barrel, the US oil companies cannot make a profit. The result will be that the gasoline prices will no longer be tied to the cost of a barrel.

My guess is that this is a planned drop, just to cause oil companies to raise the cost of a gallon of gas beyond the cost of a barrel, or reduce production, which would have the same outcome. Obama would like a populist revolt against the oil companies so that he would have an excuse to step in and take over the oil companies, just like the auto companies, banks, health care, and probably the airlines.

Is that what you would like to see?


68 posted on 07/09/2009 9:34:00 AM PDT by Eva (union motto - Aim for mediocrity, it's only fair.)
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To: Eva
Is that what you would like to see?

I think you are talking to the wrong person. What I want is the government out of my life and out of business, period. Bozo the WH clown is trying to take over the country by using the economy to do it. Like I said, he won't let gas reduce in price from what it is now, or not much anyway. As for oil companies not making money on 20 per barrel, well they can't drill for oil here anyway, and most of the world's oil is owned by someone other than US companies.

What I want to see is Bozo in jail for the crook he is, along with most of both houses of the legislature and some of our judiciary, and that includes the RINOs, who are just as big of communists as the dimwits.

What I want is return of the free market system and freedom such as I knew when I was growing up in this country, that's what the f*** I want. As to your question I have no idea why you asked it of me.

72 posted on 07/09/2009 10:07:49 AM PDT by calex59
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