Gas UNDER $1.00/Gallon in Michigan...

trickpony1

Well-Known Member
Gas this cheap sounds good but think of the devastating effects on our economy.

The ripple effects of this may be a little deeper than some can grasp.
 

McGee

Well-Known Member
Gas this cheap sounds good but think of the devastating effects on our economy.

The ripple effects of this may be a little deeper than some can grasp.
Exactly, oilfields are laying off in droves therefore all of the supportive services ( Halliburton and others) will have to lay folks off also, restaurants where the workers ate and socialized people moving on from the housing boom that was built to support this ( will now be a glut of empty places), Plug in electric cars will now sit laying autoworkers off ( once again), sheesh
 

DriveInDriveOut

Inordinately Right
Exactly, oilfields are laying off in droves therefore all of the supportive services ( Halliburton and others) will have to lay folks off also, restaurants where the workers ate and socialized people moving on from the housing boom that was built to support this ( will now be a glut of empty places), Plug in electric cars will now sit laying autoworkers off ( once again), sheesh
Innovate or die.
 

DriveInDriveOut

Inordinately Right
Does DIDO live in the BOG too?

He seems to think everything I say is funny....almost as if reality escapes him.
I live in reality just like you. I just have a better appreciation for how funny it can be if you pay attention.

Years of neocons complaining about obama and how he's respsonsible for high gas prices. Now we've got low gas prices and here you are complaining about them. I have no trouble finding the humor in that.
 
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DriveInDriveOut

Inordinately Right
my 401k is down 60 grand. but i saved 50 bucks last month on gas.
you just went on the ignore list.
Oh say it ain't so lmao.
3863432.jpg
 

McGee

Well-Known Member
So now, don't be surprised when all of a sudden you will hear 'there was a refinery ( or two) in the midwest ( or gulf) taken off-line for maintenance..... ok... suure slow the production, price will rise... we all Know that will happen...

But I would much rather have it down when there's plenty of it as opposed to the other way around ( which in the past is when it usually happens).
 

rod

Retired 22 years
So now, don't be surprised when all of a sudden you will hear 'there was a refinery ( or two) in the midwest ( or gulf) taken off-line for maintenance..... ok... suure slow the production, price will rise...


I actually expected them to do this a month ago. Trouble is there is so much extra oil sitting around and people know about it this time. They can't use the old tired running out of fossil fuels scare that has work for them for 50 years anymore. I'm sure they will think of something.
 

The Other Side

Well-Known Troll
Troll
Gas this cheap sounds good but think of the devastating effects on our economy.

The ripple effects of this may be a little deeper than some can grasp.


HAHAH.. are you serious?

More money in the middle class pockets means the more spending they do. Thus, the economy booms.

Less money in the middle class pockets means the LESS spending they do and the economy tanks, IE: GW BUSH.

If you are referring to the oil industry economy, then that is a separate issue, but dont worry, there isnt an oil company going broke anytime soon.

TOS.
 
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