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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (114270)5/26/2012 2:51:42 PM
From: tejek  Read Replies (2) | Respond to 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.



To: John Vosilla who wrote (114270)5/27/2012 12:35:08 AM
From: koan  Read Replies (1) | Respond to of 149317
 
Remember also how many people in the US are financing all sorts of things with 4% money. That is really going to stimulate the economy a lot for decades. Refinace a house at, or business at 4% and you have lots left over for consumption.

Unless we allow the Republican plutocrats to turn us into serfs and peasants.


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