The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: DebtBomb who wrote (86157)	9/12/2007 12:16:39 PM
From: Tommaso	Read Replies (1) of 110194

If the dollar falls from 80 to 64, $100 oil is simple arithmetic. If demand for oil increases or supply decreases, it's not so simple to quantify, but simple to understand, that the price of oil will also rise. quotes.ino.com At $100 a barrel, gasoline will cost the U. S. consumer about $4.00 a gallon. The one thing I am most confident of is that the U. S. consumer will not cut back much on driving when gasoline is $4.00 a gallon. People will be more willing to make sacrifices in housing expenses: just live in a double-wide and drive wherever you want to go. Nothing is certain in any markets, but oil at $100 a barrel within the next year seems extremely likely to me.

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