Thread: $262/barrel Oil
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Old 01-30-2006   #27
Tauni
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Join Date: Jul 2005
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Re: $262/barrel Oil

I doubt this could ever happen. I think the most it could ever get to is about $5 and I still doubt it would last that was for long. Once you start charging that much no one is going want to pay for it and they are going to have lower the prices again or my guess is they will lose an ass load of money. I don't know how much of this is true or not, but my dad told me back in the day when prices were getting up to $3/gallon that it was illegal for the companies to charge that much and they were doing it because with all of the media talking they thought they could sucker people into paying that much. Supposedly (according to my dad) the government caught on and was threatening to sue the companies so they lowered the prices to save their asses. Either way, if the prices get this high at all, I think it would be farther off in the future, and with our economy the way it is, I don't think it would last long. But I do agree with Hughes. I don't agree with people blaming Bush. I'm not for or against Bush, but Hughes is right. He's not God. He doesn't control the whole world. Thats just my opinion.
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