California the gas hit $5 a gallon. In Greece it’s been $8 a gallon for a few weeks now.
If the $$ was not devalued in respect to the Euro or if you will the Euro not raise every time that oil goes up we would be paying around $10 to $15 a gallon over here.
It’s far from going south as the worst is yet to come. Today we are at $130+ a barrel and by summers end we should reach $140/$150.
Now oil companies have been trading oil at relatively the same rate as demand has not gone down and people are not out of gas yet so THEY ARE MAKING $$$$!
Within the last 5 or 6 months the difference is about $20 a barrel and raising.
I see us paying over $10 a gallon by the end of the summer over here and the only reason is that speculation and prospect is in panic. So they will drain the life blood from the needy and we will suffer as the big oil cartels fill their accounts.
It has not become an issue of that there is no supply for demand. The world just didn’t run out of oil OR DID IT?
People are screaming government subsidies all over Europe but in the end NOTHING.
THE BIG OIL RIP-OFF - TRACE THE MONEY
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