they are predicting oil WILL go back to 100 after the recession has passed, oil will be 200 per barrel by 2030.
The question is if this is from t-boon and his scam plan.
The price of oil is somewhat interesting but what is much more interesting is where it comes from. We need to be a net exporter of energy from the United States. It is completely possible. In the global economy we must EXPORT. We have the resources and technology to be a net exporter of energy, but we do not have the will and SENSE to do it.
Crazy. Part of the problem is people, even around here, that think the price at the pump is the most important and mostly ONLY issue. Annoys the h e double tooth picks out of me.
Rush, say it. You almost did. If the government takes over 401Ks they will sell the stocks and buy Treasuries which drives down the price of stocks. Buying all these Treasuries would completely screw up debt markets.