You know what? There are two blackholes on Earth. One is the economy keeps on sucking money and the second is oil companies who suck money like no other.
If gas prices go lower I mean way way lower then I will spend money on other stuff.Oil should be priced around $40. a barrell to begin with. The corrupt Wall Street billionaires are the ones playing with the prices. America is poised for a huge meltdown in the financial markets soon.To those speculators who control the cost of oil for personal gains; may you have to drink your crude with your bagel.Well no matter what the world do... you cannot stop the price of oil to go up. Because some geniuses in the oil industry was able to connect it to Wallstreet speculation FUD. No more supply and demand economy here. Even if America is totally independent of OPEC. Because, oil company sell their product to Wallstreet price to other country not locally. Unless U.S, government will subsidize it.Well the geniuses of GWB era was able to link it(oil price) to Wall St speculation. So no matter how many oil drilling they do the oil prices will still go up. It will never come down. Even if we don't get any oil from other country like the middle-east or south-america and even if we are self sufficient in oil supply, the price will still be up. Because no Oil company will start drilling if the oil per barrel drops below $80/barrel and oil companies will not sell it locally at reduced price. Wallstreet guys/gals are some of the smartest and manipulative people on earth. Well somebody has to make money. The only solution is to buy oil stocks or the government has to control the price or subsidies it.
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