Vanagon EuroVan
Previous messageNext messagePrevious in topicNext in topicPrevious by same authorNext by same authorPrevious page (September 2008, week 2)Back to main VANAGON pageJoin or leave VANAGON (or change settings)ReplyPost a new messageSearchProportional fontNon-proportional font
Date:         Sat, 13 Sep 2008 23:21:52 -0700
Reply-To:     Bernie <berniej@GMAIL.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Bernie <berniej@GMAIL.COM>
Subject:      Re: Fuel Price Gouging - Again - It jumped nearly $1 locally
In-Reply-To:  <008c01c91629$74243550$0101a8c0@gp207joel>
Content-Type: text/plain; charset=ISO-8859-1

Only a decade ago oil was selling for 10 dollars a barrel folks and it was cheaper than bottled water. People in the oil business were being laid off across North America. No one cared. We all loved cheap oil and cheap gas. Well everything comes to an end doesn't it. Oil is going down now because demand is affected by the suffering economy and because big hedge funds have to unwind some of their positions. But it will go up again. It will go up again because the hundreds of billions of dollars of borrowed and printed money courtesy of the USA to plug the subprime mess will lead to inflation. Big inflation. You ain't seen anything yet. In Canada we actually have government surpluses and have had for many years. Novel idea isn't it, Federal Government actually spending less than it takes in.

Bernie Vancouver


Back to: Top of message | Previous page | Main VANAGON page

Please note - During the past 17 years of operation, several gigabytes of Vanagon mail messages have been archived. Searching the entire collection will take up to five minutes to complete. Please be patient!


Return to the archives @ gerry.vanagon.com


The vanagon mailing list archives are copyright (c) 1994-2011, and may not be reproduced without the express written permission of the list administrators. Posting messages to this mailing list grants a license to the mailing list administrators to reproduce the message in a compilation, either printed or electronic. All compilations will be not-for-profit, with any excess proceeds going to the Vanagon mailing list.

Any profits from list compilations go exclusively towards the management and operation of the Vanagon mailing list and vanagon mailing list web site.