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96 comments on Could $30/bbl Oil Happen Before New Year’s Eve?

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Cinch on June 18, 2009 - 2:12am Permalink | Subthread | Comments top

Recently, I have been asking this question to myself a lot. Which would you prefer: a job and $4 gasoline or no job and $1 gasoline? Another way to put it is: how do you like your pain?

Cinch

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Rune Likvern on June 18, 2009 - 9:07am Permalink | Subthread | Parent | Comments top

Cinch,

I think what is happening is very serious, and I fear from reading the "tea leaves" that things will get worse before they get better.

I have no doubt that a high and stable oil price (i.e. high enough to grow needed capacities) would be better for most people. This results in predictability for consumers and producers.

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Andrew in Texas on June 18, 2009 - 9:13pm Permalink | Subthread | Parent | Comments top

I, and most, would say a job and $4 gas. Hell, I would take a job and $20 gas over no job.

But the rich and greedy would proobably prefer to thin their numbers rather than their wallets. It will take many more angry, jobless people to change this.

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96 comments on Could $30/bbl Oil Happen Before New Year’s Eve?

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