I don't know how many of you have noticed, but the price for a barrel of crude has now creeped above $78, less than $2 away from that until - now - only - talked - about $80 mark. With that said, do you realize that if some sort of major geo - political event took place and suddenly drove the price up to $125 a barrel, the U. S. economy would be destroyed overnight? Now, I know the that the price we pay at the pump is largely market driven. But, don't these greedy b******* who control these markets realize that if they destroy the economy, there won't be a market left for them to manipulate? And furthermore, do you think they even care? Afterall, most of them have already made their millions on the backs of the everyday consumer. But, I guess, they just want more and more, huh?
2007-07-31
11:12:24
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7 answers
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asked by
Anonymous
in
Economics