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A Return to Cheap Oil

10/6/08, 1:33 pm EST

The mixed-blessing of our battered economy.

”We could be talking $50 or $60 oil.”


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Comments

? | 10/6/2008, 1:42 pm EST

Just because the cost of a barrel of oil drops by half, don’t expect the cost of a gallon of gas to do the same.

curethedisease@live.com | 10/6/2008, 2:28 pm EST

sick of depending on oil?

we don’t need oil at all anymore

zeitgeistmovie.com

Mario Kart | 10/7/2008, 12:27 am EST

Bring it on

Sallad | 10/7/2008, 11:23 am EST

Funny how this seems to happen every election year. I expect the price to start climbing by mid Nov. again. Maybe I’m just paranoid…

jp | 10/7/2008, 2:02 pm EST

“Just because the cost of a barrel of oil drops by half, don’t expect the cost of a gallon of gas to do the same.”

Absolutely right. Last time oil was that cheap, the only thing keeping gas prices so low were the tax breaks to the oil companies. Don’t expect to be so fortunate this time.

Anonymous | 10/7/2008, 5:14 pm EST

Jed Clampett

great googly moogly :D

this is a beaute…’Last time oil was that cheap, the only thing keeping gas prices so low were the tax breaks to the oil companies.’

the most ridiculous statement written in a serious tone I’ve read this week. That’s like thinking the guy with the gun wouldn’t have taken your wallet and your credit cards if you had given him half the $100 you keep hidden in your sock.

Peace

DirtyDennis | 10/7/2008, 5:26 pm EST

Their plan has worked to perfection. Pump up the price of oil for a while, then return it to whence it came and the ‘marks’ will think that’s cheap.

Tim Dickinson, unwitting tool of the oil industry.

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