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To: Grampa Dave

you realize oil prices have fallen as the US demand has dropped. the overall global economy is down over the last 5 years (thx 0bama). with the falling demand comes a glut.

there’s also pressure to keep oil in the $70-100 range, regardless of the strength of the dollar.


30 posted on 11/14/2014 8:00:55 AM PST by sten (fighting tyranny never goes out of style)
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To: sten

The only realization that I and over a hundred million Americans who have cars/truck and buy gasoline are realizing when we buy gas at the pump, is very simple.

We are paying a lot less per gallon and each tank fill up. That raises our disposable incomes, and that is good.

I have an MBA with a lot of worthless BS economic theories. A classic example of how economic theories are twisted to suit the politicians is what Herr Gruber did with his lies presented as Data to get ObozoCare approved by the rats in Congress.


32 posted on 11/14/2014 8:12:16 AM PST by Grampa Dave (The Democrats, who run America are too old, too rich, and too very/very white elitist losers!.)
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