This will kill allot of guys like me that are self employed and rely on Diesel power to haul equipment, especially since I am locked mostly in contract work.
I have heard little out of DC, so I think it's safe to assume what I've heard as true, that the "one" in charge is all for higher prices.
Stop and really crush your brain, see all the ramifications for a sudden rise in oil to the heights that are predicted. Tonight on the news they said there has already begone a rapid drop in fuel purchased by Americans and smaller amount bought when purchased. Wont be long and we will have some major decisions to make in our personal spending.
What will happen to this economy will be a self inflicted wound.
I will sure be at the polls in 2012, IF I CAN AFFORD THE FUEL TO GET THERE!!!
Western..............I'm not coming down on you specifically, but with that said.
Obama said.............long before the elections............during the last price hike............that he was happy with the price of gasoline, and would like to see it higher..............but wanted the price to go up a little slower.
Those were his words, and anyone that listened to his run for office knew this going in.
He also said that he would put a stop to, or seriously curtail the use of coal for generating electricity.............check the stats on electricity generated by coal in the USA, and tell me how this will affect us.
Obama is against nuclear power.
Where we gonna get our electric from???
People need to listen and think before they cast votes.
Another point I will add to the futures study listed in a previous post..............when you have a President, that institutes a moratorium on oil drilling in the Gulf of Mexico, whatcha think that is going to do to oil prices worldwide???
Also keep in mind that his moratorium was ruled unconstitutional by a Federal Judge, and that the moratorium is now considered "contempt of court", because it was not lifted................
You'll be darn lucky if ya see anything less than 10 dollar a gallon diesel by this fall!
Elections have consequences!!!
Change you can believe in......................