Posted on 02/22/2012 2:07:50 PM PST by robowombat
Gasoline prices could soar as high as $7 a gallon this summer thanks to supply threats stemming from Middle East unrest as well as OPEC policy, says real estate mogul Donald Trump.
Iran has already cut off supply to France and to the U.K. to protest sanctions from the west, who accuse Tehran of developing a nuclear weapons program.
U.S. military officials have said they feel they can ration with Iran, although fears are growing that Israel may consider a unilateral strike on Iran anyway, which is sending crude oil skyrocketing.
(Excerpt) Read more at moneynews.com ...
You’re right. I mean Ron Paul did better than RS, who would have thought. Nothing but boilerplate from him and Mittens.
This isn't just going to hit Brick and Mortar Businesses, it will effect E-Commerce as well.
One other thing, the USPS is already running a multi Billion Dollar Deficit. $7.00 Gas will be the last nail in their coffin and a First Class Stamp will be a $1.00. Every Company mailing out a monthly Bill will need to recoup their increased postage costs.
The snowball is racing down the hill, but Obama is spending his time singing the Blues with BB King and Jagger.
“How high will gas have to go before people turn on Washington?”
Those who are dependent on Washington will -never- “turn on” Washington.
And how many of them are there who are dependent, these days?
The watermelons are deeply disappointed. They wanted to freeze out grandma and reduce the “mother earth’s” population by now!
If prices stay above $4/gallon thru the summer it will make it much harder for him to win.
Actually it won’t. If the MSM doesn’t link Obama to the rising costs as they are neglecting to do right now, they can successfully blame the rising costs to big oil and the Republicans.....which is their intent.
Right you are. Gas could be $10.00 and the bastard would get reelected.
There will be a subsidy for public transportation
So everyone except the ditch diggers, farmers, mechanics and nurses will either be unemployed or telecommuters?
I don't think we get to $7 gas. The economy will crash and burn before that.
You all may be right. If there is anything that will wake up America to how much Obama hates America, it will be the cruel daily punishment at the gas pump.
Maybe we ought to pray that Trump is right, because the fury of high gas prices just might do the trick.
Paranoid Idea:
Extremely high gas prices spark the chaos that Obama is waiting to exploit in order to radically “change” the country.
Naive people.
In mid-June (if not sooner) Comrade Zero will quietly start pumping from the Strategic Petroleum Reserve. That will mean that prices will start to moderate artificially, allowing the Administration to claim “moving in the right direction, no thanks to the Republicans and Big Oil”
If he is successful in stealing the election, the price will skyrocket again, and he can then secure more government control over oil companies and the private economy “in the name of fairness and national security”
Obama, our first Muslim President, works for Tehran, not Kenya.
Obama blocks oil drilling in the Gulf of Mexico.
He blocks the pipeline and then blames the Repubs.
Is there any surprise he is destroying America on PURPOSE?
Yesssssss, the real estate expert who went bankrupt four times is now a geo-political fuels expert when he is not being an election expert or a relationship expert.
I think he redefines “goofball”, personally. Scratch that, make it “wealthy goofball”.
You sir, are exactly right. Any price to be paid to remove the kenyan monster from power over free men. This would be a much smaller price than the blood of patriots.
I fill up every week, 25 gals. 100 gals per month. If gas goes to 10.00 per gal, that is 1,000.00 per month, 12,000.0 per year. I will give you 20,000.00 right now to beat the one who must not be mentioned at the polls.
I was going to phrase it differently, but frankly I am afraid that I might get a visit.
Folks, I am prepared to bite down heavily on a 50 caliber tracer round IF $5.00, $6.00, $7.00 pump prices insures us that the cancer that infests the White House is excised from the Oval Office an replaced with someone who truly loves America and supports the Constitution.
“If $7.00 gas leads to Obama’s ouster, it will be worth it.”
Agreed. I hope prices go higher, I want to see Obama supporters suffer. I know that’s not a Christian thought, but given the situation we are in, and that most hard-core Obama voters are on the take, it’s fitting.
Dude, don’t do that. There are too few of us now. Can’t afford losses — yet.
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