Yes, and gas is about $8 a gallon....yep,
Posted By: sam on 2008-09-08
In Reply to: Speaking of Europe, lol, they love Obama. - Their unemployment is 12% in some places.nm
we should really aspire to be more like them...ummm not so much.
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Get ready for $8/gallon gas.....sm
I was talking with a friend who is a field consultant in the oil industry. He said that it is very possible that OPEC has plans to terminate the US contract on or about March 14 in which the US gets the lion's share of OPEC oil. He said what will happen is that instead of the US getting the largest supply of foreign oil, that oil will now be distributed to European countries who have gotten only the "leftovers" in the past and will now leave the US to get the "leftovers." This, combined with decreased domestic drilling, will create higher oil and gas prices in the US.
He has been out of work since long before Christmas and is now looking at the very real possibility of having to relocate his family to Saudi in order to make a living. He and his wife are not wanting to take this route, but with the jobs drying up here, it may be his only alternative if he wishes to remain in the oil industry which is the only work he has ever done.
There is a pipe yard located about 30 miles from here in which there are a lot of drilling towers just sitting on the yard, and that is only one of many such yards in the area.
So get ready to either pay through the nose for gas or buy a horse and buggy!
Get ready for $8/gallon gas.....sm
I was talking with a friend who is a field consultant in the oil industry. He said that it is very possible that OPEC has plans to terminate the US contract on or about March 14 in which the US gets the lion's share of OPEC oil. He said what will happen is that instead of the US getting the largest supply of foreign oil, that oil will now be distributed to European countries who have gotten only the "leftovers" in the past and will now leave the US to get the "leftovers." This, combined with decreased domestic drilling, will create higher oil and gas prices in the US.
He has been out of work since long before Christmas and is now looking at the very real possibility of having to relocate his family to Saudi in order to make a living. He and his wife are not wanting to take this route, but with the jobs drying up here, it may be his only alternative if he wishes to remain in the oil industry which is the only work he has ever done.
There is a pipe yard located about 30 miles from here in which there are a lot of drilling towers just sitting on the yard, and that is only one of many such yards in the area.
So get ready to either pay through the nose for gas or buy a horse and buggy!
Gas prices - 259 a gallon - it's awful...nm
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