Saturday, December 13, 2014

'America Celebrates By Buying Gas-Thirsty SUVs'

Guardian UK: Oil prices sink to lowest level in more than five years - Oil prices are at their lowest since 2009 as nations keep pumping out more gas than buyers need - Fracking will allow US to dominate world oil production by 2025, Exxon predicts - Gas hits $2.67 a gallon and America celebrates by buying gas-thirsty SUVs

2 comments:

Glynn Kalara said...

Enjoy the moment folks because when the Saudis are done doing what it is their doing they'll jack prices right back up and higher to make up for the market share party they're throwing everyone. Its how you keep everyone using your product.

Jim Sande said...

The ultra rich Saudis can keep this thing going for a long time.