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Oil futures up over $90 a barrel

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boomerbust Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 08:40 AM
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Oil futures up over $90 a barrel
$4 a gallon gas coming soon to all you strapped consumers.
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 08:41 AM
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1. This is a direct result of the weakening of our currency,
The petro dollar is being fatally weakened by Fed policies, and soon we will all be paying the price.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 08:47 AM
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2. and the fact that people buying these futures are not required to actually take possession
...Make them actually BUY & accept the oil they are gambling with..
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 08:50 AM
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3. Cui Bono
A gas shock on top of all the other bad economic news virtually ensures a President Palin/Romney/Hucklebee. This is starting to feel like the late 70's, on steroids.

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queenjane Donating Member (258 posts) Send PM | Profile | Ignore Tue Dec-07-10 08:56 AM
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4. I didn't fill up my car for a week--and what a shock!
Took a week's vaca, stayed home and did stuff around the house. Went to fill up to go back to work, and lo and behold, gas was up almost 10 cents a gallon. WTF??? (This is in NC)
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 08:57 AM
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5. Bet it will really hit right before Christmas. How convenient.
:sarcasm:
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