Question:

What do you think about this "oil crisis"?

by  |  earlier

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I pulled some gas reciepts out of my glovebox yesterday. Now.. In February of 2008(in Valley, AL), at BP/Circle K, low grade gas was $2.85! That's HALF of what you'd pay now for it in some places. Now it's june of '08, and it's $3.99..Gas doesn't raise $1.14 over the course of 4 MONTHS because of "China and India" or w/e the h**l country CNN was blaming. Our dollar is WORTHLESS. We're not in an "Oil Crisis", the supply and demand is pretty much the same as it was in February and there's plenty of oil out there! WE'RE NOT OUT OF IT. Prices will fall when our dollar is worth something(maybe get back on the gold standard?), when the oil speculators drop dead, and when all of these oil rich countries, for w/e reason switched to the euro to p**s us off, get back to the dollar.

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  1. The Canadian dollar is at record highs and is worth more then the US dollar (something that has not occurred since the 70s).  Our gas prices have risen even higher then US gas prices. It is therefore obvious that the leading factor is not a weak US dollar...

    Whether you wish to believe that the problem is a supply and demand issue as we are told, or merely to chalk it up to the greed of the Oil companies, it is clearly not as a result of the US dollar being weak (I doubt it helps, but its not the leading cause).


  2. I think we are being ripped off, and we should try weaning ourselves of oil.  Let those oil companies chock on their oil.

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