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Gas Prices Rising
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Sep 15, 2019 06:20:00   #
jerryc41 (a regular here)
 
In case you hadn't heard, there was a major attack on Saudi oil, with a tremendous amount of long-term damage being done. We can expect gas prices to rise dramatically - and stay there.

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Sep 15, 2019 06:27:59   #
Notorious T.O.D. (a regular here)
 
How about we just consider it a great opportunity for all those who want to eliminate fossil fuels to start living their dream. Let them live without it for 5-10 years and see how it works out...

jerryc41 wrote:
In case you hadn't heard, there was a major attack on Saudi oil, with a tremendous amount of long-term damage being done. We can expect gas prices to rise dramatically - and stay there.

| Reply
Sep 15, 2019 06:31:37   #
MarcusTitus
 
Yes, but since th US is the are the second largest exporter of oil, how about keeping it here and keep prices stable. The reason, money! If we have too much here the price would go down and some poor bunch of billionaires would not make as much.

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Sep 15, 2019 06:49:33   #
jerryc41 (a regular here)
 
MarcusTitus wrote:
The reason, money!


Money is the reason for almost everything bad.

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Sep 15, 2019 07:05:54   #
Architect1776 (a regular here)
 
jerryc41 wrote:
In case you hadn't heard, there was a major attack on Saudi oil, with a tremendous amount of long-term damage being done. We can expect gas prices to rise dramatically - and stay there.


Why?
United States is completely oil independent now thanks to the current administration and we are now a major exporter as well. Just makes the middle east that much more irrelevant to the world.

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Sep 15, 2019 07:17:43   #
ClarkG (a regular here)
 
Saudis just announced oil production will resume st normal levels on Monday. Maybe no $$$ increase?

“Money is the root of all evil”,

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Sep 15, 2019 07:29:16   #
traderjohn (a regular here)
 
jerryc41 wrote:
Money is the reason for almost everything bad.


I guess you don't know much about grants for research in various research programs.
I guess the money spent on this camera stuff is bad.

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Sep 15, 2019 07:30:25   #
traderjohn (a regular here)
 
ClarkG wrote:
Saudis just announced oil production will resume st normal levels on Monday. Maybe no $$$ increase?

“Money is the root of all evil”,


No. I think stupid is the root of all evil.

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Sep 15, 2019 07:34:04   #
fourg1b2006
 
traderjohn wrote:
No. I think stupid is the root of all evil.


Agree.

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Sep 15, 2019 07:38:12   #
Architect1776 (a regular here)
 
traderjohn wrote:
No. I think stupid is the root of all evil.



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Sep 15, 2019 09:59:41   #
mas24 (a regular here)
 
These were drone attacks. Many attacks according to the News. The Iranians use of drones are pinpoint. Advantage, no loss of life by Iranian jet pilots. After this setback, the Saudi's need to develop an air defense missile system. Because, this can happen again. The Iranian Embassy hostages crisis was 40 years ago. 1979 under President Jimmy Carter. And Iran is still causing troubles in the Middle East. America doesn't need Saudi oil anymore. Prices should remain stable in America. Hopefully? Politics is also a factor in these incidents.

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Sep 15, 2019 09:59:55   #
Longshadow (a regular here)
 
traderjohn wrote:
No. I think stupid is the root of all evil.

Greed ranks right up there.

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Sep 15, 2019 10:24:46   #
Notorious T.O.D. (a regular here)
 
Capitalism has raised more people out of poverty than any other system tried. Go to a store in the USA vs a store during the Soviet Union years if you don’t believe me. I have had Russians here for training buying bags of potatoes and shipping them home.

Money is an idea and medium of exchange. It is neither good nor evil. What it is used for can be good or evil...

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Sep 15, 2019 15:31:56   #
DirtFarmer (a regular here)
 
ClarkG wrote:
...“Money is the root of all evil”,


Not quite the original quote

"Love of money is the root of all evil"

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Sep 15, 2019 15:37:02   #
robertjerl (a regular here)
 
jerryc41 wrote:
Money is the reason for almost everything bad.


And a lot of the good also.

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