Comments on: Oil Prices Reach New High
Cost Approaches $114 Per Barrel Aided By A Weakened U.S. Dollar
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- Actually thats gave me an idea, do Amish community''s take new settlers? If they do count me in, as one of those settlements would be a good place to survive the coming systemic collapse, with their Centuries of self sufficiency and strong community spirit.Best brush up on some German... Mien name ist, Danke schoen.
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- I fail to see how this will help the dollar. Posted by NavyRetired2 .you''re right... mistered9 go hug a tree...
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- We might as well have some fun before the economy collapses. What is your opinion on how high fuel price will go before it causes our economy to collapse?
Remember some years ago when the Soviet Union tried to maintain its control in too many places in the world and finally their economy collapsed. Are we headed for the same thing?? - Reply to this comment
- thanks, lets go world war III
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- I''m going back to horse drawn wagon.
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- Pretty soon I will have to sell my car and ride my peddle bike to work. When I bought my ride gas was reasonable,now I can''t afford to pay for it AND put gas in it. Anyone wanna buy a Mercedes?
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- Here''s a thought, why don''t we put a price tag on Bush''s never-ending military operations in Iraq and Afghanistan to bring "freedom and democracy" to the Middle East, and pump an equivalent amount of oil into tankers bound for U.S. refineries? I''d love to see OPEC''s collective face when announcing that policy. ha The old saying "freedom isn''t free" has never been more true, so how about passing the hat for a change instead of making the American working class pay for everything. We should sponsor a vote in Iraq explaining our bankrupted treasury with two options: pay for continuing policing of radicals with oil, or end the U.S. occupation. Imagine that, a win-win situation for the American taxpayer. Haven''t seen one of those in the last 7 years.
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- If gas was rationed and people drove a LOT less, that would drive down demand, which in turn would drive prices per unit UP.
I fail to see how this will help the dollar.
Posted by NavyRetired2 at 07:33 AM : Apr 15, 2008
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Yes! And another thing that "mistered9" seemed to miss...
If gas was rationed, it would cause a lot of other economic strife. The travel industry would by severely damaged. Gas rationing would only add that much more hurt to an already fragile (and falling) economy. The concept might sound good to some, but in reality, it is not the best solution by any means. - Reply to this comment
- That''s great. My oil portfolio is at an all time high and I use public transportation nearly 100% of the time. I''m lovin'' it.
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- "Don''''t blame the oil people, blam the drivers. The only way to put an end to this feasco is gas rationing. Force people to slow down on their driving habits. If you had the chace at big bucks you would do it to. Say no to that.
Posted by mistered9 at 07:30 AM : Apr 15, 2008"
Very debateable. The dollar being weak as he11 against the euro and other global currencies is what''s causing these prices, for the most part.
If gas was rationed and people drove a LOT less, that would drive down demand, which in turn would drive prices per unit UP.
I fail to see how this will help the dollar. - Reply to this comment
- Don''t blame the oil people, blam the drivers. The only way to put an end to this feasco is gas rationing. Force people to slow down on their driving habits. If you had the chace at big bucks you would do it to. Say no to that.
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- Ladies and gentlemen,we can''t get out of Iraq, and we can''t stay!! hmm catch 22?...
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- HOLY MOUNT ZION!! 112.$ a barrel of oil!!!great depression may be round the corner......
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- Gas prices exected to rise amid record oil prices..RECESSION!!
Posted by underdogus at 07:02 AM : Apr 15, 2008
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Wow, underdog, you''re actually saying the "R" word for the first time (that I''ve seen)!
I''m proud of you!
:-) - Reply to this comment
- Gas prices exected to rise amid record oil prices..RECESSION!!
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- BUSH BLUNDERS CONTINUE. DOES ANYONE REMEMBER THE GOOD OLE DAY''S? YOU KNOW BEFORE BUSH. GAS WAS LESS THAN $1.39 A GALLON. SEVEN YEARS LATER, $3.39 AVERAGE PRICE PER GALLON. AHHHHH YES, THE GOOD OLE DAYS....
GOD "BLESS" AMERICA. NOT "G D" AMERICA. - Reply to this comment
- Oil keeps going up , up, and up. The pain at the pump is the consequence among other things. Not being an economist I would imagine there are multiple factors for the continued rise. It is apparent to me the Bush Administration policies have done nothing to stem the tide.
I''m not prepared to say President Bush is the cause of the high prices at the pump, but certainly he has a responsiblity to deal with widespread economic effects of that. Its time Mr. President for another reality check. - Reply to this comment
- "They only look like temporary shut downs but ... the combination of that and the fact that the dollar was off again was the key," Pervan said.
The truth actually being: We can and will "Stiff" the the working class at every opportunity, and create one if neccessary! - Reply to this comment
- In mathematical terms: low dollar (product of Bush''s economic policies) plus high inflation (consequence of Bush''s borrowing) plus long term war in Iraq (Bush''s misguidance) = $4 a gallon for gas.
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- "The Capline pipeline - the Royal Dutch Shell PLC conduit that carries 1.2 million barrels of crude each day from the U.S. Gulf Coast to the Midwest - was closed on the weekend, and has since resumed operations at a slightly reduced capacity."
And I guess the neocons are going to blame this one on the Arabs, right? - Reply to this comment
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