Re: [diesel_mercedes] Re: [CARS-ETC] What’s up with U.S. gasoline prices? | ExxonMobil's Perspectives Blog

 

... or, all those $$ we have been sending to China via my credit card purchases of their goods are allowing them to bid for barrels of oil which in turn is driving up the cost of such scarce resources, thus allowing us to spend more $$ to make Saudi princes (or Russian oligarks) happy so they can invest in our lousy real estate market, or buy our basketball teams, and force our WVO guys and gals to make more juice. I remember the shock waves when oil went from $25 / barrel to $29 / barrel - PS - when I was in Venezuela a couple of years ago, a gallon of petrol was only $0.25.
 
brian from la verne, ca



From: briankk <briankk@att.net>
To: diesel_mercedes@yahoogroups.com
Sent: Fri, January 21, 2011 7:16:36 AM
Subject: Re: [diesel_mercedes] Re: [CARS-ETC] What’s up with U.S. gasoline prices? | ExxonMobil's Perspectives Blog

 

.. or, the price of oil is actually holding, and all that money they've been printing down in debasement is coming home to roost as infalation...

--- On Fri, 1/21/11, n61cm <jim@tazwade.com> wrote:

From: n61cm <jim@tazwade.com>
Subject: [diesel_mercedes] Re: [CARS-ETC] What’s up with U.S. gasoline prices? | ExxonMobil's Perspectives Blog
To: diesel_mercedes@yahoogroups.com
Date: Friday, January 21, 2011, 6:57 AM

 

I think it's a sign of economic recovery. Oil is sold at auction. People are bidding more money for it. Must be more money moving around out there.

Jim

--- In diesel_mercedes@yahoogroups.com, "Doug" <doug.traylor@...> wrote:
>
>
> Diesel for my MB, has went up 50 cents a gallon in the last few months.


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