RE:RE:RE:What now?
Me think,. Arabs and all other oil producing countries will now allow that. They will most likely reject selling oil for US dollar if that happens and we will have shortages big time.
I am sure they are sick and tired, when everything exploding in prices including gasoline, they are supposed to sell their precious oil fro next to nothing. $80 is becoming nothing nowadays
I am surprised nobody is talking about the huge elephant in the room. Based on oil prices, gasoline should be way less then $1 at the gas stations. I remember, in Bush times, oil went to $140 while gasoline prices were bellow $1 (and that was expensive). Now, WTI is less then $80, while gasoline is $1.70 +.
I wonder who is milking oil produeers including Alberta. Who skims the milk