Thread: Gas Prices
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Unread 01-17-2015, 01:20 AM
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Destroyer Destroyer is offline
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Join Date: Apr 2010
Location: Montville, NJ
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Well, from where I sit I love the lower priced gas. Went to Costco yesterday and paid $1.69 for regular.

But I know it's not going to last. Long term higher interest rate loans to the drillers will be coming due in the coming years, and without sufficient capital a lot of them will go under. The Arabs are trying with all their might to flood the market to drive them (the fracking drillers) out of business so they can raise their prices again. (At which time they (OPEC) will raise the prices and start squeezing us again like they have been doing for the past 40+ years) Don't forget, that Arab oil comes out of the ground for $40 a barrel....far less than what the same barrel of oil costs from a fracking well.

Also, lets not forget that under the present administration the price rose from about $1.50 a gallon to the $3.75 it was at before this present oil glut. As long as the government (through the EPA) continues to hamper drilling in this Country we're going to eventually go back to those prices.

And lastly, they (Congress and the Senate) are considering a bill to raise the tax on a gallon of gas by $.15 a gallon. The slimeballs think that they should get some additional money because we can afford it cause we're paying less.

So for all the above reasons, and several more that I just don't feel like typing out, I'm inclined to go with the "A" choice. Gimmie as much of that low cost gas as you can...and F**k anyone that says we're hurting the economy. The REAL people that are hurting the economy are the ones that raised the price in the first place.
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