Comments for Oil Update: Oil Clears $73 Before Retreat »
Posted By STONERS 6 months ago in Business & FinanceOn Tuesday, crude oil prices bounded past the $73 barrier, only to pull back later in the morning and lose its earlier gains.
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BB646 months ago
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That isn't true. All we're actually seeing in industry is a battery operated car which would force you to use mass transit to go almost anywhere. If you're a boater or enjoy camping, the goal is to have everyone in smart cars with no room for anything. What a scam.
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If the President and his team really wanted energy independence not simply paying lip service to his party, he would have advanced the drilling and supported plans for converting coal. We have the coal and our current refineries could be converted in a very short time. But that doesn't meet with the President's socialist agenda. No one should own cars or have the freedom to move around. That is without the proper papers.....-
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Dionys6 months ago
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"he would have advanced the drilling"
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Despite the fact that the DOE under Bush conducted studies and determined that drilling ANWR, offshore and all the onshore sites possible would have the enormous impact of saving Americans a whopping 4-7 cents per BARREL of oil? DRILL DRILL DRILL so one can save a nickel on every 55 gallons of oil!!!!! !!!! ! ! ! ! ! ! ! -
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BB646 months ago
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One question, with our currency being devalued by over printing, did the price of oil jump or again is this a sign of the pending inflation I fear looming ahead. No nation can sustain the over production of it's currency for long. It was tried in the late 70's and didn't work.
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1 Euro = $ 1.4043
1.00 GBP = $ 1.64590
Any economic majors out here? Should we take that into consideration? -
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