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We are a lot more likely to see $70 BBL oil than $45BBL oil this summer...

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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 10:14 PM
Original message
We are a lot more likely to see $70 BBL oil than $45BBL oil this summer...
according to my brother who is some kind of oil "middleman", buying and selling oil on a daily basis. I stated that i believe $100 BBL oil isn't out of the question, and he didn't disagree.

Just got finished talking on the phone to him, so i thought i would help everyone with their summer vacation plans. carry on.
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Dave Reynolds Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 10:33 PM
Response to Original message
1. Okay,
need to alter my car plates for gas station drive-offs.

JOKE.

But more people are going to be driven to that.
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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 10:37 PM
Response to Reply #1
2. yeah...
i have a 50 mile round trip everyday to and from work.
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Dave Reynolds Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 10:39 PM
Response to Reply #2
4. Yep, my day
includes 50 miles each way.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 10:38 PM
Response to Original message
3. No shock from me. Oh, tell anyone who thought Reagan was great that
he dismantled government-backed alternative energy programs in 1983, claiming they were "obsolete".

Pity Reagan didn't live long enough to see the results of HIS irresponsibility. His policies were always despicable, but at least he's rotting in hell re-living them from the standpoint of those his policies had hurt most.

$200/barrel by summer 2006 won't shock me either. If a government-ran website can say that, in 2001, we were consuming more oil than we had been 'producing', we all know that we're living on borrowed time at this point.

Time is the fire in which we burn. And the fuel lighting the fire is about to become too costly.
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