[lbo-talk] Peak Oil or Oil Bubble?

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Thu Apr 14 07:13:35 PDT 2005


Wojtek snickers:


> Since the US is, on balance, a major oil importer, that
> should send the gas prices at the pump through the roof,
> say, $5+ per gallon, no?
>
> I would to LOVE to see that happening.

Because:

a) SUV drivers won't blink at that cost, your chuckling unheard

b) Working poor who depend on their cars for their job(s) and child care will buy less food?

Pick one.

/jordan



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