Quote:
Originally Posted by jms62
Why am I not shocked you go through life with Blinkers On... Save a couple hundred bucks a year on gas and Lose a couple hundred K a year on your 401-K as we hit our next financial crisis when companies can not service their debt due to..... Wait for it.... Low oil prices... Guess who will be on the hook for covering those bad debts..... Wait for it...... Me and You.... Boy what a country. I lose when I lose and lose more when I win.....
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correct!
Also, the Saudi's are in overproduction mode. They want cheap oil to drive out the frackers and natural gas industry. Then we will be beholding to them when the prices go to 5.00/gallon.