Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Can Americans Handle $150 Oil?
24/7 Wall Street ^ | 2-21-2012 | Douglas A. McIntyre

Posted on 02/21/2012 5:40:44 PM PST by blam

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-71 next last

1 posted on 02/21/2012 5:40:52 PM PST by blam
[ Post Reply | Private Reply | View Replies]

To: blam

No, our economy will crash as a result.


2 posted on 02/21/2012 5:42:23 PM PST by C. Edmund Wright
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
I'm praying for $200/bbl oil and $6/gallon gas by November 6th for the benefit of President "Energy Prices Will Necessarily Skyrocket."

The pain would be worth it.

3 posted on 02/21/2012 5:44:31 PM PST by E. Pluribus Unum (Government is the religion of the fascists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Our family budget couldn’t handle it for any extended period of time.


4 posted on 02/21/2012 5:44:56 PM PST by Irenic
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

No. We will all cut back on all discretionary spending in order to try to put fuel in our cars and food on the table. Food prices will soar because farmers and truckers must raise their prices in order to survive. No one who drives or eats should vote for any Democrat candidates if this occurs.


5 posted on 02/21/2012 5:46:15 PM PST by txrefugee
[ Post Reply | Private Reply | To 1 | View Replies]

To: Irenic

We will do nothing by car. We will move on to bicycles for going to church. Dad will take his motorcycle to work and if need be will cycle there as well. There is even a bus that runs from our house to a half a block from his employer.

I can walk to the grocery store. With two kids and a wagon we can make it through the summer. In the fall, we will wait until the President with the R comes in January.


6 posted on 02/21/2012 5:48:30 PM PST by netmilsmom (Happiness is a choice)
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam

The factory here in Indiana will be on turbo production.

http://automobiles.honda.com/civic-natural-gas/?ef_id=EzVPREYoSh4AAIqu:20120222013432:s


7 posted on 02/21/2012 5:50:02 PM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

It depends, if it was American oil from American
wells bringing in 150 a barrel
it might not be too bad


8 posted on 02/21/2012 5:50:13 PM PST by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

I second your opinion


9 posted on 02/21/2012 5:51:03 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
[ Post Reply | Private Reply | To 3 | View Replies]

To: blam

We may have zero choice in the matter.


10 posted on 02/21/2012 5:51:43 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: C. Edmund Wright
I saw onFox news tonight a man say $5/gal would be a tipping point.
That is ridiculous. We already know the tipping point, and it is $4/gal/gasoline for 3 months or more.

This isn't a supply and demand problem, fuel is available- it is our money is being devalued, and people who sell oil want more of it because they know we are printing it.. - Tom

11 posted on 02/21/2012 5:52:12 PM PST by Capt. Tom
[ Post Reply | Private Reply | To 2 | View Replies]

To: blam
brought on by a drop in imports of crude from Iran...

Zer0's campaign promise was high priced oil and electricity - so $150 barrel oil is just him accomplishing his goal, and placing the blame anywhere and everywhere else.

12 posted on 02/21/2012 5:52:27 PM PST by C210N
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

No.


13 posted on 02/21/2012 5:53:19 PM PST by ryan71 (Dear spell check - No, I will not capitalize the "m" in moslem!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: netmilsmom

Our family would need to re-work things and I’m guessing we would drop some frills like Direct TV and eat less meat yada.

The pups would need to give up their rawhide habit. :p

We have places we can cut but hopefully this isn’t long and drawn out because it would certainly take a toll on us.


14 posted on 02/21/2012 5:59:57 PM PST by Irenic
[ Post Reply | Private Reply | To 6 | View Replies]

To: E. Pluribus Unum

I’m hoping for $8 gasoline just to get rid of Obunghole.

It will be a long hot summer with higher electricity rates and 8 bucks a gallon.


15 posted on 02/21/2012 6:05:20 PM PST by Ouderkirk (Democrats...the party of Slavery, Segregation, Sodomy, and Sedition)
[ Post Reply | Private Reply | To 3 | View Replies]

To: C. Edmund Wright

Of course Americans can handle whatever the price is. They are Americans not Dims. They would adjust their budgets, adjust their behavior and cut back where they had to.

The issue as you say is that this will slow the economy. Of course this problems is due to two sources:

1. The entire Dim party in the tanks for the socialist greens.

2. The GOP idiot Senators from Maine among other GOP Senators who blocked drilling in Anwar


16 posted on 02/21/2012 6:06:46 PM PST by JLS (How to turn a recession into a depression: elect a Dem president with a big majorities in Congress)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Travis McGee

One of Obama’s czars said that the goal was to have gas prices in America equal those in Europe.Looks like their plan is on track.


17 posted on 02/21/2012 6:09:48 PM PST by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
[ Post Reply | Private Reply | To 10 | View Replies]

To: blam

We handled it in 2008. It helped usher in President Barack Obama. What will it usher in or out this time around?


18 posted on 02/21/2012 6:12:42 PM PST by John W (Viva Cristo Rey!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Farmer Dean

Obama is following Lenin’s saying, “The worse, the better,” (for creating the preconditions necessary for a communit coup.)

He just needs to dial it back enough to get reelected, so that he can finish the job.


19 posted on 02/21/2012 6:13:57 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 17 | View Replies]

To: JLS

B. Hussein will blame the rich people and George Bush for the price of gas. And all his brain dead, kool aid drinking supporters will moan and wail about how they can’t afford food or transportation because of the evil rich.

The hard-working taxpayer will just keep working hard, paying taxes and live a spartan life to try to keep up and pay their bills.


20 posted on 02/21/2012 6:13:57 PM PST by Josa
[ Post Reply | Private Reply | To 16 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-71 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson