High Oil Prices? You Ain't Seen Nothing Yet

ha ha ha ha yea right........... $300 bbl. Once the market settles itself and the Pacific rim collapses we will be fine.

We wouldn't be as desperate to hedge the losses if income averaging were brought back into the tax code. Using commodities (oil) to hedge the risk to purchasing power (working capital) is simply the need for averaging confined to explosive pressure. Maybe McCain could add this priority to his summer finance formula before the Dems run with it. Income averaging will smooth things out. Bring it back.

Finite planet, finite resources. Yet Wall St. needs growth every quarter?

Better start savin'. & open up areas to drill. Give the spotted owl its own home in another state.

We need to drill our own oil.

GW has quite the legacy. Perhaps we should invade more countries and that would help.

Looks like we'll be going back to Horse and Buggy in the future.

Maybe we can charge Iraq for the oil? Or simply hire some MIT students to shake the apple tree. Screw this. Bad leadership does it everytime. Weak dollar? How about some weak change....

Ever see the interviews from the gas crisis in the 1970s? The big wigs talk about alternative fuels taking "15 years" to research and develop. Let's say they took 20 years (from the mid-1970s). Do you realize we will have been (more) free of oil's crippling enviormental and financial effects for more than 10 years now? A line needs to be drawn, and we need to stop the ridiculous corporate profits to Exxon and BP. We're being hosed, folks.

Looks like Boone Pickens in disguise!

Get rid of the Democrats and let us drill.

The politians in DC, are already having the pocketts reinforced so they can stuff their pockets with cash, and we dumb Americans still vote those SOB's in office. Not one of the presidential canidates has a plan to curb the pricing on oil. We have Billions of shale oil here, but the greedy Oil Companies won't explore the region, and let the US have cheap oil. No only they want big profits, and Millions in stock options.

I'm just middle class and getting by while saving more and spending less. I can't imagine how the lower income class are coping while their total energy bills have more than doubled, and the cost of food also has risen. Do any of the 6 figure plus members of our government even care? I voted for Bush, but does he care? Sure doesn't seem like it. At this rate, I may soon be joining the lower income class.

we should all reach alternative energy.

Why isn't there more sponsorship of solar energy for homes and businesses? Installation of solar would also provide a good source of employment as well.

I think $1000 by 2010. Why not with so much stupidity in the market.

Cheney grins from ear to ear

I NEED SOME ADVICE! I WILL BE GETTING A SETTLEMENT FROM MY INSURANCE COMPANY IN THE NEXT COUPLE MONTHS, IT'S ONLY 20,000 BUT I NEED TO PROTECT THIS, AS IT'S THE ONLY MONEY I WILL HAVE OTHER THEN MY SOCIAL SECURITY CHECKS EACH MONTH., WHICH I'M LEARNING TO LIVE ON, PAINFULLY, BUT HAVE NO OTHER RECOURSE. . SHOULD I INVEST IT IN OIL, SINCE IT KEEPS GOING UP? OR CD'S, WHICH AT THIS POINT THE INTEREST RATE IS VERY LOW, BUT SAFE. CAN YOU ADVISE ME. THANKE YOU, J

Usa consumes more oil than china yet we have far less people. sell those suvs now no one cares if u think u look cool roflol

Why would you need "rationing" if there were high prices, unless you were distributing subsidized oil? Any business writer who would think "rationing" coupled with high market prices should take Econ 101.