clintm
Senior Member
- Joined
- Jul 7, 2013
- Messages
- 974
- Location
- charlotte nc
- Occupation
- trucking,concrete recycling,grading, demolition
been stockpiling scrap since last christmas. so now y'all are saying I need to be stockpiling fuel too
OPEC is no longer a unified bloc...
CM, I realise that, but I get a burr under my saddle when people in the US complain about their "high" gas prices when the rest of the World pays more, whatever the reason ......
Yair . . .
hetkind
Maybe not but they have some of the worlds cheapest to produce oil . . . they can remain in profit when the US deep water, the US shale and the Canadian oil sands are taking a hit.
These disastrously low oil prices (in my opinion) have in part been caused by the low interest rates in the US which has lead to significant non sustainable US production.
Cheers.
CM, I realise that, but I get a burr under my saddle when people in the US complain about their "high" gas prices when the rest of the World pays more, whatever the reason ......
I can see how it would make it less competitive but I find the idea of a fuel price hike shutting it down to be a bit far-fetched TBH.Nige, keep in mind 5-8 dollar per gallon gas will shut the US economy down.
Wasn't that the real reason for invading Iraq and not the BS regarding WMD....?
been stockpiling scrap since last christmas. so now y'all are saying I need to be stockpiling fuel too
Any way you stack it 7-8 dollar / gallon fuel to US consumers will be disastrous and will shut the economy down. The bright side of that is we know it now and are full steam ahead with alternative energy sources to prevent it from happening.Whatever country in the world extracts oil from shale it's still not going to be as cheap as drilling a hole in the ground and when you hit the right depth oil spurts out of it ........
I can see how it would make it less competitive but I find the idea of a fuel price hike shutting it down to be a bit far-fetched TBH.