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Old 09-07-2012, 06:09 PM  
DudeRick
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Join Date: Feb 2004
Location: Tobacco Road
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Quote:
Originally Posted by MaDalton View Post
what - no american cars?

this could go on for a while but i still don't think that you can blame Obama for the global oil price. because that one pipeline doesn't make a difference in case in Saudi Arabia they decide to up their production by 10%. which they could. if they wanted to.
Honda is made in America. Yes, I agree that OPEC will cut production if the price of oil drops too much, but I disagree that it won't drop at all. Just like the futures market drives our price of gas up to $5 a gallon when things heat up between Iran and Israel and back down to $3 a gallon when they cool back off. The futures market will drive the price down the price on increased supply and production. And right now $3 a gallon gas sounds pretty good!

Last edited by DudeRick; 09-07-2012 at 06:10 PM..
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