To: Charles Bronson Forever
All this when there is an oversupply of oil due to lack of demand.
5 posted on
04/12/2011 7:36:06 AM PDT by
screaminsunshine
(Democrats have spent...More than the Republicans have.)
To: screaminsunshine
” there is an oversupply of oil due to lack of demand. “
Which is more than offset by an oversupply of dollars due to lack of courage and/or foresight in Governmental and Financial circles....
8 posted on
04/12/2011 7:39:15 AM PDT by
Uncle Ike
(Rope is cheap, and there are lots of trees...)
To: screaminsunshine
And Japan, the world’s largest importing country, 3rd largest economy, is reeling from multiple disasters and oil consumption is way down.
Obama is driving this train.
It’s what he wants.
He told that poor family with ten kids that something was wrong with them that they didn’t just go out and buy a hybrid vehicle with better mileage.
He isn’t just “out of touch.” He’s cruel.
11 posted on
04/12/2011 7:40:43 AM PDT by
xzins
(Retired Army Chaplain & proud of it: Truly Supporting the Troops means praying for their Victory!)
To: screaminsunshine
Absolutely, and demand will continue to fall. Speculators are about to get immolated.
16 posted on
04/12/2011 7:44:44 AM PDT by
tgusa
(Investment plan: blued steel, brass, lead, copper)
To: screaminsunshine
The Fed is destroying the Dollar. If Helicopter Ben goes through with QE3 we probably will see $7/gallon gas.....
18 posted on
04/12/2011 7:45:38 AM PDT by
Thermalseeker
(The theft being perpetrated by Congress and the Fed makes Bernie Maddoff look like a pickpocket.)
To: screaminsunshine
The Bubble will pop sooner or later. But for now, the tank building business is going well.
32 posted on
04/12/2011 7:59:16 AM PDT by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: screaminsunshine
Demand in the US has been rising for a few years, after the fall down from 2007/8.
79 posted on
04/12/2011 10:05:42 AM PDT by
thackney
(life is fragile, handle with prayer (biblein90days.org))
To: screaminsunshine
“All this when there is an oversupply of oil due to lack of demand.”
The only oversupply i’m aware of is the massive amount of greenbacks floating around the globe. Gas is still way too cheap compared to the worthless green paper also known as dollars.
116 posted on
04/13/2011 12:28:36 PM PDT by
buzzer
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