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To: tobyhill

Gas prices will go down if

1) We use our resources and..

2) We stop printing money.


2 posted on 05/04/2011 3:42:15 PM PDT by Perdogg (0bama got 0sama?? Really, was 0sama on the golf course?)
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To: Perdogg

In other words, when we get rid of Obama.


20 posted on 05/04/2011 6:23:42 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: Perdogg

1. Fungibility of oil means market prices will be affected by supply and demand. Chinese and Indian demand will suck up any additional supply the US can generate. High oil prices will be around until the countries with a lot of cheap oil still in the ground (ME) produce more.

2. The nominal price of oil is irrelevant economically.

I don’t get the impression that you have a strong grasp of economics based on these comments. Please feel free to disabuse me.


28 posted on 05/05/2011 12:47:47 AM PDT by Einigkeit_Recht_Freiheit (Using profanity gives people who don't want information from you an excuse not to listen.)
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