Posted on 09/02/2010 3:44:05 AM PDT by Rashputin
From a historical perspective, there are more houses than ever, too. So what's up with that?
CNBC that he thinks oil will rise to between $82 and $85 a barrel.
“Our friends”, the saudis need it to be above $80 a barrel in order for them to continue funding all the mosques they promote around Dar-Al-Harb.
Also - All those ba$tards here in the states that accepted the bribes from them don’t want their pensions effected by the lower price.
If the price of oil was at 10 dollars a barrell, the Bakken oilpatch of North Dakota, the most dynamic center of economic development in America today, would dry up and blow away. Likewise, if it were at 20, 30, or even 40 dollars, drilling would cease.
Don’t forget that the federales steal half of the revenue from the finished product.
LOL, spot on!!!
Eventually everyone's going to have to deal with the fact that America's free market works great and anyone who thinks it's wrong is always free to sell for less or offer to pay more. The don't, and the reason is that they may say the market price is wrong but when it comes to buying and selling they act like they totally agree with it.
No, the problem is that we keep pumping too much damn money into this economy. We wouldn’t do that if there wasn’t so much debt. That would end speculative bubbles.
“When Interest Rates Go Up, Oil Will Go Down
When the Fed starts to increase interest rates and the economy improves, many investors will sell their long positions in oil.
Once that happens, crude oil could slide by $20-$30 per barrel from the price at that time.
Considering the U.S. dollar has dropped for the past nine months, I wouldn’t expect a firm rebound for at least another nine months into 2010. Simply put, investors cannot keep crude prices artificially pumped up forever – and a drop in price is coming.”
http://www.investmentu.com/2009/November/crude-oil-prices-set-to-fall.html
Tied with insurance industry.
BTTT
What is a typical timeframe to reach that decline?
Thanks for the info you've posted on this thread.
Yeah and people SHOULDN'T have to pay to go to the doctor.
You have mail!
Thanks Joe
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.