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2013-03-14 Economy
U.S. heading for top oil producer status
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Posted by Grutle Angique8821 2013-03-14 08:17|| || Front Page|| [5 views ]  Top

#1 And the top of the price range, it SHOULD be around 1.00 per gallon. (If WE produce that much)

Posted by Redneck Jim 2013-03-14 12:11||   2013-03-14 12:11|| Front Page Top

#2 Don't worry. Obama will soon put a stop to this.
Posted by Alanc 2013-03-14 12:33||   2013-03-14 12:33|| Front Page Top

#3 RJ, don't forget that as long as Fed keeps creating magic (infinite) money, the price is unlikely to drop. Oil and gas will still be scarcer than dollars.
Posted by Procopius2k 2013-03-14 14:58||   2013-03-14 14:58|| Front Page Top

#4 And the top of the price range, it SHOULD be around 1.00 per gallon. (If WE produce that much)

James.... hummm. No. Most of the new oil costs more than a 1.00 a gallon to lift in the crude state, much less refine for your PU. When you consider what a gallon of gasoline or diesel does, it's outlandishly cheap.
Posted by Shipman 2013-03-14 16:35||   2013-03-14 16:35|| Front Page Top

#5 And the top of the price range, it SHOULD be around 1.00 per gallon. (If WE produce that much)


While we're at it, movie tickets need to be $ 2.00, and a decent small house should cost $ 50,000.00. You should be able to find a really nice new-ish car for 5,000.00.

At least that's what I think I remember all the prices being back in the days of 1.00 a gallon gas in the 70's.
Posted by Thing From Snowy Mountain 2013-03-14 21:56||   2013-03-14 21:56|| Front Page Top

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