[AT] gasoline

[David Bruce]

That creates a double whammy.  Cheaper dollar meaning higher import 
prices and cheaper dollar meaning more money moving to speculation on 
commodities like crude, wheat, corn, gold, etc.  Double down on crude 
prices.

Political yes but cold hard facts as well.

David
NW NC

On 12/28/2010 8:48 PM, charlie hill wrote:
> The truth is that the price is up because the US Treasury is printing money
> like toilet paper and thus devaluing the dollar.  China and Russia have
> already agreed not to use the dollar as the default currency to trade oil.
> Many of the middle east countries now favor the Euro.  When the whole world
> decided to select another default currency we'll be in big time trouble.  We
> already are, we just don't realize it yet.  I don't mean that as political.
> It's just fact.
>
> Charlie
>
> -----Original Message-----
> From: Mike Sloane
> Sent: Tuesday, December 28, 2010 5:55 PM
> To: Antique tractor email discussion group
> Subject: Re: [AT] gasoline
>
> The local (nw NJ) Shell has regular at $2.95/gallon, up two cents from
> yesterday. According to the news reports I heard, the price of oil is
> climbing because of demands for heating oil in the northeast US. I just
> read predictions that gas is likely to be back up to $5 by 2012, for a
> number of international political reasons.
>
> Mike
>
> On 12/28/2010 5:29 PM, Richard Fink Sr wrote:
>> Hi all how about some gas costs state side. Here it just hit $3.19 was
>> $3.09
>> sunday. All grades now have at least 10% ethnol in it.
>> R Fink
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