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#11 |
![]() ![]() ![]() ![]() ![]() ![]() Drives: 2009 Base Hatch 2 Dr Auto Join Date: Dec 2008
Location: nj
Posts: 4,784
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$2.07 here in NJ this AM. WSJ sez oil is headed for $30 a barrel, what with China possibly tanking and the glut of oil now on the market. WSJ sez companies are pumping oil even though they are losing money. Their game appears to be stoking the publics desire for big cars and gluttony so in the long run, oil prices go UP.
It s wonder the environmentalists aren't calling for increased taxes to offsets the savings so gas stays high and continues to climb. If China tanks energy prices (and tires!) will come down. Pollution should be less too although I don't see anybody giving up bunring coal anytime soon. Indeed it must be getting so cheap its use will only go UP.
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Synthetic Oil: Its All In Your Head |
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