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11-11-2008, 10:56 AM
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Resident PeaceMaker
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Join Date: Feb 2007
Location: Jackson,AL.
Posts: 16,548
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by Scott Hutchinson
I thought this was a prediction that somebody would try to torch Obama.
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I apologize for this remark,it was wrong,and would an admin delete it for me please.
__________________
People who are always looking for fault,can find it easily all they have to do,is look into their mirror.
There they can find plenty of fault.
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11-11-2008, 04:33 PM
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but made himself of no reputation
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Join Date: Mar 2007
Location: middle Atlantic region
Posts: 2,091
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by All4one
No , I think the dollar will be worth less, so we will be paying more.
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1.3 Trillion in new T-bill issues in a 3-5 week period will have inflationary presures through dollar devaluation. Seems to reason that once the world economy shows some growth, a weak dollar will drive crude prices back up for anyone trading in dollars.
I am very interested to see the effect on currency trading when oil is no longer traded in dollars...anywhere. It seems like Putin's Russia is going to prove a major point by uncoupling the Federal Reserve note from being the clearinghouse currency for world Oil trading.
....just musing....
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Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath [James 1:19]
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11-11-2008, 07:27 PM
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Jerry Moon
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Join Date: Feb 2007
Location: Borger Texas
Posts: 1,250
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by All4one
No , I think the dollar will be worth less, so we will be paying more.
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It's all based on supply and demand. More demand the price goes up, less demand the price goes down... please explain how that fits this?
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11-11-2008, 10:52 PM
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Registered Member
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Join Date: Sep 2008
Location: CA
Posts: 265
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by Revelationist
It's all based on supply and demand. More demand the price goes up, less demand the price goes down... please explain how that fits this?
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Its called inflation. If our dollar is worth less than the euro, we will have to pay more to purchase the gas, (in comparison to other currency). The Alaska oil companies that flooded the market with cheap gas to drive prices down cannot keep that up indefinitly so less supply will demand higher prices also.
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01-08-2012, 06:18 PM
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Registered Member
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Join Date: Jul 2011
Posts: 11
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Re: My gasoline-Obama prediction.
I really WISH gas was only 1.70 right now. It's 3.49 in our part of the world. What about your part of the world?
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01-08-2012, 06:39 PM
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Registered Member
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Join Date: Jul 2007
Location: AZ
Posts: 16,746
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Re: My gasoline-Obama prediction.
I am loving my Sonata Hybrid right now.
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01-08-2012, 06:43 PM
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Registered Member
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Join Date: Oct 2011
Posts: 5,600
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by rosejones
I really WISH gas was only 1.70 right now. It's 3.49 in our part of the world. What about your part of the world?
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Right now, in the poorest state of the Union that has little to NO public transportation, it is $3.29/gallon.
If the saber-rattling against Iran continues, Iran threatens to close off the Strait of Hormuz. If that happens, expect gas prices to double, maybe triple.
If prices double/triple, the economy will tank because it will take everything a person makes to buy gas to get to work and back with little to none left over for gadgets, clothes or new cars.
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01-08-2012, 07:24 PM
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Join Date: Nov 2008
Posts: 2,485
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by Truthseeker
I predict that around march or so gas will be around $1.70. I think the middle east oil suppliers will lower the price of oil to help Obama look good. So folks will say look he got the gas prices down already.
I know ya all want me to be right, at least for the pocket book. 
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How is you prognosticating on diesel? We just put a 500 gallon tank on the farm and if it will drop to anything close to that I will wait to fill it, seriously!
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01-08-2012, 09:55 PM
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Administrator
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Join Date: Feb 2007
Posts: 16,840
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by AreYouReady?
Right now, in the poorest state of the Union that has little to NO public transportation, it is $3.29/gallon.
If the saber-rattling against Iran continues, Iran threatens to close off the Strait of Hormuz. If that happens, expect gas prices to double, maybe triple.
If prices double/triple, the economy will tank because it will take everything a person makes to buy gas to get to work and back with little to none left over for gadgets, clothes or new cars.
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Good grief, it sounds like you are insinuating it will be the West's fault if Iran tries to close the Strait of Hormuz. That is ridiculous.
I am guessing you are probably a Ron Paul Isolationist wacko who believes if we just close our eyes and ears to the world and chant "La,la,la,la" loud enough all bad things will go away and the world will leave us alone.
__________________
"I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
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01-08-2012, 09:55 PM
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Administrator
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Join Date: Feb 2007
Posts: 16,840
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Re: My gasoline-Obama prediction.
Quote:
Originally Posted by RandyWayne
I am loving my Sonata Hybrid right now. 
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Is that your foreign girlfriend from Spain?
__________________
"I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
Last edited by CC1; 01-09-2012 at 07:57 AM.
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