The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: benwood who wrote (28055)	4/14/2010 4:52:19 PM
From: Tommaso	Read Replies (3) of 71454

I look at it from the other direction. $10 a gallon gasoline in the United States would support a crude oil price of over $300 a barrel. A person driving Prius would still be able to travel for about 20 cents a mile in gasoline expenses. Gasoline consumption would certainly be greatly reduced with $10 price, but people would still buy it. It would be worth $2.00 to carry a hundred pounds of groceries home.

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