The falling price of oil

[paftraft]

Oil like the South will rise again. The Democraic stance of not drilling here at home will eventually force the ris of oil prices because of limited supply & growing demand.

How about we sell Alaska back to the Russians then Pelosi & Reed & Obama will love to see oil from Alaska because it won't be our oil anymore. Supply will increase & prices will drop!

 

[tiznow]

longer term your probably right paftraft

but until we get past this gloom and doom and the economy isn't crumbling globally

oil likely to stay down for the count

not saying a great depression coming....will have to see how this all evolves.....

but in the 1930s the petreoleum industry took it hard just like everybody else

also as the years roll on US will be forced to realize it can't be as inefficient with its energy consumption