Originally Posted by
slowplay
Only one problem with your theory...the USA probably won't be the driving force in oil consumption going forward. China, India, and other developing countries without their own internal supply will skew pricing, especially as the US continues to devalue our currency.
Tis true on demand and currency issues, but I guess I should say the U.S. can't handle $4/gas.
I equate $150 with $4 gas because that was 2008, in 2011 we get $4 gas on $110 oil.