Talk of The Villages Florida - View Single Post - Are you prepared for $200+++per barrel possible oil pricing??
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Old 11-12-2011, 07:11 PM
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Default Not Yet

Quote:
Originally Posted by billethkid View Post
http://www.ft.com/cms/s/0/c22b2530-0...#axzz1dDdZM5sC

As has been discussed many, many times before...it is only a matter of when and not if.
Unlike printing money which our representatives ( I gag every time I use that word!!) do to resolve a problem, replacing the oil shortfall is a long term process.
We will only get a glimpse of what the slight of hand and word manipulators in Washington will propose AFTER the price(s) go up and the economy is committed to a nose dive/crash track. And then it will be a contest over whose fault it is/was/etc.

Are you ready, yet?

btk
I don't think that that will happen until the greatest consumer economy gets back on its feet.

I hope that you find this link useful:
http://www.indexmundi.com/commoditie...oil&months=120