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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (80938)7/1/2008 10:41:27 PM
From: Think4Yourself  Read Replies (1) | Respond to of 116555
 
"I'm currently talking with various oil executives to see what it would take to get gasoline back down to $1.50 a gallon."

That's easy. It would take a $3/gallon state subsidy.



To: Chispas who wrote (80938)7/2/2008 6:37:59 AM
From: Dan3  Respond to of 116555
 
Re: I'm currently talking with various oil executives to see what it would take to get gasoline back down to $1.50 a gallon."

Just go back to the year 2000 and have the guy who actually won the election (and who had an energy policy) be the one that becomes the president.

What's so hard about that?

:-)



To: Chispas who wrote (80938)7/2/2008 2:42:45 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116555
 
Gas at $1.50 a gallon?

Only if we have another GLOBAL great depression.

Gas still is quite cheap in America compared with many other countries and the price of crude. Oil refining margins have been decimated since gasoline prices have lagged behind crude on the upside. Gas probably would be near $5 right now if oil refining margins were "normalized."