Originally Posted by C175
This is so not true
I don't think hatetobreakit has any factual evidence to support his theory.
Bush isn't the reason oil is becoming more expensive. Perhaps a 5% reason, and it's not even Bush. It's the US Administration's foriegn affairs that has set a slight premium on oil. Along with the fact that many oil producing countries have reached peak productions already, and it will only platuea and eventually production levels will decrease over the next few decades.
Originally Posted by Baburang
Anyone notice how many times airlines have raised airfares by $5-10 each way this year? Well guess what...its gonna keep happening, I can see airfares going up an average of 5-7% in the next year, as oil should drop below $60 per barrel!
How do you figure oil will drop below $60 a barrel?