dumpster56
Thinks s/he gets paid by the post
- Joined
- Nov 28, 2005
- Messages
- 2,146
If oil stays near or heads well above 100 a barrel, and we have gasoline near 5 dollars a barrel next spring I would say a better than 80% chance we head into a recession in the summer months. I keep hearing oh the price is not a problem yea right when the people hit a 100 dollars a fillup for 20 gallons there will be a price to pay economically.
Oh and the reason prices spiked again today was about mexico see link
Business and Financial News - New York Times
That oil field is crashing bigtime and it could be a dry area within 2 years!
Oh and the reason prices spiked again today was about mexico see link
Business and Financial News - New York Times
That oil field is crashing bigtime and it could be a dry area within 2 years!