Little6pack
Active Member
- Joined
- Jun 2, 2002
We've (USA) stopped drilling, we have stopped exploring for new sources, even though we know that it's there. According to federal government estimates, there is enough oil in the domestic areas, Gulf of Mexico and off the coasts and Alaska, 112 billion barrels. There's enough American oil we could go get, 112 billion barrels, which would be enough to power more than 60 million cars for 60 years.
If these traders have oil going for 200 a barrell what do you think is going to happen? Fuel will soar! Jet fuel $15 gallon, car fuel 10 bucks a gallon, People will stop traveling, spending on vacations, going out to eat, going to events. There will be a threashold that will make the traders lower that price!. It is up to us on how much we are not going to pay for gas.
When I first started driving 1976 i think gas was 40 to 50 ish cents(foggy memory) then it went up to like 90 cents. It fell again.
If these traders have oil going for 200 a barrell what do you think is going to happen? Fuel will soar! Jet fuel $15 gallon, car fuel 10 bucks a gallon, People will stop traveling, spending on vacations, going out to eat, going to events. There will be a threashold that will make the traders lower that price!. It is up to us on how much we are not going to pay for gas.
When I first started driving 1976 i think gas was 40 to 50 ish cents(foggy memory) then it went up to like 90 cents. It fell again.