White House Wants Oil At $25 A Barrell
- Thread starter GeezLouis
- Start date
AtlanticBeach
Senior
- Aug 20, 2002
- 341
- 2
GeezLouis said:
Oh, brother. Currency fluctuations alone won't allow for oil much under $31 at present exchange rates. And if the yuan gets unpegged from the dollar, it could get worse.
MiAAmi
Veteran
Its just wonderful that the White house is so on top of things. So quick to realize that high oil prices are not really good for the economy. I guess they feel they have raped the American public long enough now.
Winglet
Veteran
Shows how out-of-touch this President and this administration is.
pitguy
Veteran
One would have to be a fool to believe this administration wants oil at $25 per barrel. That is not good for the people he really represents.
jimntx
Veteran
Let's see...
1. White House wants $25/bbl oil.
2. I just want world peace and for everyone to be happy.
Both should come true, don't you think?
Particularly, in light of the fact that when oil was $40/bbl and gas was "only" $1.75/gal, the chairman of ExxonMobil made the statement on a PBS interview show that "we will never see $1.50/gal gas again." That doesn't sound like the chairman of the world's largest oil company expects oil to drop to even $35/bbl, much less $25/bbl.
1. White House wants $25/bbl oil.
2. I just want world peace and for everyone to be happy.
Both should come true, don't you think?
Particularly, in light of the fact that when oil was $40/bbl and gas was "only" $1.75/gal, the chairman of ExxonMobil made the statement on a PBS interview show that "we will never see $1.50/gal gas again." That doesn't sound like the chairman of the world's largest oil company expects oil to drop to even $35/bbl, much less $25/bbl.
