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Old 02-24-2008 | 06:01 AM
  #138  
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maxjet
VHR-very happily retired
 
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Originally Posted by EAHINC
You can't be serious?

I'm not a expert on the oil industry but I do have a thorough acquaintance of foreign trade and world economics.

Barring a nuclear war, we will not be seeing $300/bbl, $400/bbl or $500/bbl anytime soon and certainly not before 2010.

Oil will go down and so will gold in the next few years.

The sky is not falling.

EAHINC
Hopefully you are right. I just saw a news clip last night. It said that the Feds (I think that it was the FTC) estimate average gasoline price over $3.40 per gallon by spring.
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