Oil prices soar upon prediction of $150 a barrel by July 4

At 150 a barrel gas will be $7.50 a gal. That should kill the economy. Unless wages are raised. Then when wages are raised they will raise the price of oil, and so it goes.

 

Why delay the inevitable a quick death is better than a slow painful death.we have been on life support for the past eight years dying a little more each day it`s time to pull the plug.There is no sign of brain activity no chance of recovery no hope left time to give up.

 

Dont worry, we will be called the United States of China soon

 

OPEC board members are rich, they don't care how high food prices get.

 

Yep. Our own government has allowed corporations to move to China. To make it worse they export OUR COUNTRIES REASOURCES to them to be made into products to be sent back here to America. Countries fight and die to protect their resources for their own people and our government and corp's have turned it into a business. The media has intensionally failed to cover the seriousness of any of this. Why, because large corp's have been allowed to by out the media since Roanld Reagan.

Has our own gov. and corp's turned into our enemies?

 

The real price of gas is being held down. Gasoline should be about $3.00 a gal for every $60.00 a barrel. At $120.00 a barrel oil would put us at $6.00 a gal for gas. Why is gasoline $4.00 a gal? Because if gas moved with oil prices we would have gone to $6.00 a gal weeks ago. (Right now, with oil at about $138.00 a barrel, we should be at approx. $6.85 gal). Why isn't it $6.85 now? They price is being held back because this high price move to the up side, immediately, would have spread PANIC through out our economy.

At $200.00 a barrel oil, gas will be approx. $9.99 a gal. This is the price we are probably going to, $10.00 a gal.

 

They might be rich and all....but if everyone will stop driving and there wont be any food to buy in stores those OPEC board members might have to learn how to become farmers.