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Nickname: chenz
Review: Are you people crazy? Maybe you're kids who don't have to drive the family in suburbia to the doctor, go to the food store, go to work, etc etc.... Higher energy is hurting the middle class.... The middle class is the worker bee engine that keeps this country afloat and in business.... Without cheap energy, the U.S. will become rich and poor, just like a third world country. Many industries will collapse as people have less discretionary income. Bad times will ensue. With all the blood and loss of life our US servicemen are enduring over there to stabilize countries, why shouldn't we, the world's policeman, have cheap energy?
Date reviewed: Jul 27, 2006 11:04 PM
Nickname: Farmerscott
Review: Let oil go up! See what happens to the economy. Agriculture is getting hit hard with the higher inputs now of fuel and fertilizer. So goes agriculture, so goes the entire economy.
Date reviewed: May 22, 2006 2:50 PM
Nickname: Ancient
Review: Let oil go to the $100 level and watch Congress lift the ban on drilling of the coasts. We have the technology. All we need now is the will.
Date reviewed: May 22, 2006 9:27 AM
Nickname: puppy
Review: I hope gas goes to $5 a gallon! Then all hell will break loose.
Date reviewed: May 21, 2006 1:45 PM
Nickname: BigDude
Review: We need to drill in ANWR, and along the entire US coastline. We also need more nuclear and coal power plants.
Date reviewed: May 21, 2006 3:08 AM
Nickname: energyStan
Review: Having oil get to over $100 along with $5 a gallon gas a barrel would be the best thing that could happen to the USA. It would unlease commitment, sacrifice, innovation, and a host of dynamic new growth businesses. Sometimes a society needs to get motivated by external means. Are we ready for the challenge?
Date reviewed: May 20, 2006 3:54 PM
Nickname: bob5000
Review: The replacement cost of new oil is driving the increase in oil prices today. Any company that sells at below replacement cost is depleting corporate assets and making a gift to the purchaser. Normal supply and demand sets the ceiling price and provides insight into how much capital will be available for exploration and development. Oil prices will rise until demand decreases substantially. The only way to decrease demand is to increase the supply of reasonable substitutes or energy efficient technology in high use applications. The price of oil next year will probably average about $75 a barrel. Just as the $60s were being felt out last year as today's price, the $70s are being tested today. Look for $80 or more in 2008.
Date reviewed: May 20, 2006 1:19 PM
Nickname: NED
Review: If oil goes to $100 the USA is in deep trouble.
Date reviewed: May 20, 2006 5:26 AM
Nickname: Billboy
Review: High oil prices have changed my behavior quite a bit. I now drive 55-60 mph to work vs. 65-70 mph and get 4-5 mpg better mileage. We also do not go on many weekend trips anymore, since we can't afford the gas. I read the other day that Cadillac Escalades (the big SUV) are still flying off of the lots. I guess that the people who can afford one don't care about the price of gas! Some of the pain has been taken away by playing the oil stocks-- they often go up and down $3 to $5 a day on political turmoil. You can make a quick $500 on a 100 shares. You just have to watch the market daily and be very careful when you buy and sell.
Date reviewed: May 20, 2006 12:03 AM
Nickname: Scotty
Review: The prospect of $100 oil is not fantastical or a possibility. It's a certainty.
Date reviewed: May 19, 2006 10:24 PM
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