Wow! What lit your fuse?
I guess I would lump Canadians in with Americans for being foolish
enough to start buying big gas guzzling SUVs as soon as the price goes
down a bit.
I am not prepared to believe that the price of a barrel of oil is likely
to stay as low as it currently is for long.
I doubt that real supply has much to do with so called "shortages" that
drive up the price of a barrel of oil. That seems to be manipulation as
much as anything.
RB
On 25/08/2015 1:00 PM, Rich Thomas via Mercedes wrote:
Not to be insulting, but of what concern should it be to anyone,
especially those who are not Americans, how I spend my US dollars?
Gas, booze, women (OK just my wife and daughter), food, toys, or
whatever the hell else I want to spend it on? I really could not care
less what any other nationality thinks of my spending or living
habits. Other countries are free to do whatever their citizens let
them do (which mostly seems to be to tax the hell out of things that
are necessary or pleasurable), and if the USA offers vehicles and gas
at whatever prices, I will make my choices accordingly. If the
representatives of the people choose to do things that are not to our
collective (or at least a majority of voters and the courts) desire
then we will deal with that.
Now, if those external individuals and countries decide to do things
that are not in "our" interest, then "we" need to figure out what to
do about that and act accordingly. In our locality, and I think that
of our northern neighbors, the markets are awash in oil and gas, and
from what I can learn, that can go on for quite some time (decades)
before there is a shortage driving prices to $150. Once again,
technology and some smart people have changed the world, and new ways
of thinking need to deal with that. If I was a Saudi or a Russian I
would be very concerned these days.
--R
On 8/25/15 12:52 PM, Randy Bennell via Mercedes wrote:
On 25/08/2015 11:31 AM, Andrew Strasfogel via Mercedes wrote:
Au contraire. We are in an era of DEflation. Oil may go down to the
$30s/bbl.
And Americans will once again buy the biggest thirstiest vehicles
that they can find and demand will go up and oil will then go back up
to $150 per bbl.
RB
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