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Politics : President Barack Obama

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To: John Vosilla who wrote (114270)5/26/2012 2:51:42 PM
From: tejek  Read Replies (2) of 149317
 
Still it so weird we appear to be in the early innings of a new energy boom that will alter the playing field in parts of this country yet natural gas and coal prices have collapsed as have the stocks in these industries as well as most any company that helps get still expensive oil out of the ground.

You've got to remember industrial ute. is still very low.........79% vs normal of 85%. Plus, people are finding ways to conserve on gas consumption........couple that with a still high unemployment rate....it doesn't surprise me terribly that nat gas and oil prices are not over the top.

What surprises me and makes me mad is that gas prices @ the pump here are still over $4.
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