Dondon:
And did you not see what happened just a year ago when oil went to $147.00?
As you surely recall ,the entire world
Brianeconomy collapsed! A collapse from which this economy has yet to recover. And what causes you to think that such would not happen again?
Your desire for ultra high oil price flies not only in the face of economic empirical evidence and example but, would only reinforce and exacerbate the already ultra high unemployment rate we are already experiencing. Which in turn would likely result in a collapse again in all commodity prices including oil. To repeat myself, bears make money, bulls make money and greedy pigs get slauhtered!