Replies

As on the other threads, oil at $300 = world economy STOPS.

2 posted on 07/04/2008 4:28:00 PM PDT by RightWhale (I will veto each and every beer)

yes but carbon credits will be amazing

3 posted on 07/04/2008 4:28:52 PM PDT by Flavius (war gives peace its security)

8 posted on 07/04/2008 4:34:33 PM PDT by A. Morgan (VOTE FOR A LIBERAL N' WE'LL BE UP TO OUR NECKS IN ILLEGALS and OUTA' GAS!)

But the facts appear to be that the US Democrat-controlled Congress intends to destroy the Republican middle class with $11 per gallon gasoline.

and yours...

As on the other threads, oil at $300 = world economy STOPS.

The SWHTF before that. With crude at $300 fuel in most of Europe will be around $30 - $35 a gallon. In other words too much. Here in the US that will have diesel at $10 to $12 or more. And that is simply too much.

The cost of fuel to move goods around will be so far out of sync with the rest of the business model that everything will just stop moving. No food delivery, no medical supplies, even the fuel itself, etc. When that starts to happen, the liberals/socialists/communists will demand emergency procedures and the enviro-whacks will be dumped by the commies around the world.

Then drilling, pumping, uncapping and new exploration will get kicked into high gear.

14 posted on 07/04/2008 4:43:23 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)

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