steveox
Well-Known Member
NEW YORK (AP) -- The price of oil is poised for another run at $100 a barrel after a global economic rebound sent it surging 34 percent since May. That could push gasoline prices to $4 a gallon by summer in some parts of the country, experts say.
Flying, shipping a package and ordering a pizza all likely would get more expensive in the new year if that happens and companies pass along higher energy costs. Some economists say rising energy prices will slow economic growth.
The U.S. is the world's largest oil consumer, but prices since spring have been on a roll primarily because of rising demand in developing countries, especially China. China's oil consumption is expected to rise 5 percent next year; that compares with less than 1 percent growth forecast for the U.S.
http://finance.yahoo.com/news/Oils-surge-in-2010-paves-the-apf-1258480888.html?x=0
Remember Obama promised he would allow oil drilling in Atlantic Ocean across the eastern seaboard? But the BP disaster made him put an halt to it all. We have more oil here than in Saudi Arabia. But liberals and evoinmentalist forbid you do offshore drilling and Drilling in ANWR. We all know the BS from BP on wikileaks site. BP Sabotage the rig so they can get more greedy at $4 or $5 a gallon. They knew the Drilling in America would bring oil prices down.
http://blogs.forbes.com/andygreenbe...ssange-wants-to-spill-your-corporate-secrets/
This is why Tea Party must get more powerful get more members and Kill the Democratic party once and for all and we can finaly drill oil in America and become forgein independent so we dont do business with the middle east. Theyre 240 Republicans in House the Next Election will put over 300 republicans in the House and then we can have the America back the way it was when our founding fathers had it. With 300 Republicans What are Liberals and Evoinmentalist gonna do about it when Republicans approve drilling in ANWR and Offshore drilling both in the atlantic and pacific. And What are they gonna do about it when GOP approves they build more refineries? You see Democrats are responsible for high gas prices. The Thing is our government is lying to us. There is no Global Warming,, There are no Greenhouse polution. And ANWR offshore drilling are no threat to wildlife and the evoinment. Liberals and Evoinmentalist want America to become another 3rd world nation like Haiti and Jammaca for example by making food and engery very expensive.
Flying, shipping a package and ordering a pizza all likely would get more expensive in the new year if that happens and companies pass along higher energy costs. Some economists say rising energy prices will slow economic growth.
The U.S. is the world's largest oil consumer, but prices since spring have been on a roll primarily because of rising demand in developing countries, especially China. China's oil consumption is expected to rise 5 percent next year; that compares with less than 1 percent growth forecast for the U.S.
http://finance.yahoo.com/news/Oils-surge-in-2010-paves-the-apf-1258480888.html?x=0
Remember Obama promised he would allow oil drilling in Atlantic Ocean across the eastern seaboard? But the BP disaster made him put an halt to it all. We have more oil here than in Saudi Arabia. But liberals and evoinmentalist forbid you do offshore drilling and Drilling in ANWR. We all know the BS from BP on wikileaks site. BP Sabotage the rig so they can get more greedy at $4 or $5 a gallon. They knew the Drilling in America would bring oil prices down.
http://blogs.forbes.com/andygreenbe...ssange-wants-to-spill-your-corporate-secrets/
This is why Tea Party must get more powerful get more members and Kill the Democratic party once and for all and we can finaly drill oil in America and become forgein independent so we dont do business with the middle east. Theyre 240 Republicans in House the Next Election will put over 300 republicans in the House and then we can have the America back the way it was when our founding fathers had it. With 300 Republicans What are Liberals and Evoinmentalist gonna do about it when Republicans approve drilling in ANWR and Offshore drilling both in the atlantic and pacific. And What are they gonna do about it when GOP approves they build more refineries? You see Democrats are responsible for high gas prices. The Thing is our government is lying to us. There is no Global Warming,, There are no Greenhouse polution. And ANWR offshore drilling are no threat to wildlife and the evoinment. Liberals and Evoinmentalist want America to become another 3rd world nation like Haiti and Jammaca for example by making food and engery very expensive.
