oil = $300 a barrel?

[seanx]

.....over a year ago I said oil would hit 200 bucks a barrel in 2008.....it's looking by the end of the year it will be happening.....now news is being sent that says 300 bucks a barrel before 2010.....how's that for inflations (when there isn't even a need for oil in all reality.....and there is no shortage)

I wonder why the oil companies would be doing this? to damage our economy even more and keep the masses under control? more profits and incite riots? nah.......that would be a conspiracy

[freddyv]

oil is essential. plastics are oil-based. pretty much everything is made out of plastic.

until we get rid of gas-powered cars too, we're stuck with oil.

[freddyv]

p.s. - the price of oil isn't going up...the value of the dollar is going down. the euro is now up to $1.50. see also my post on your bernanke thread. gold is still relatively flat with oil, while the dollar loses ground seemingly by the minute.

[freddyv]

see this thread too:

www.hbgonline.proboards62.com/index.cgi?board=politics&action=display&thread=1199726578