Well, it finally happened. Oil hits $100 a barrel. Looks like we will be cutting back on expenses.
Ouch....
Oil pushes to $100 - Jan. 2, 2008
Ouch....

Oil pushes to $100 - Jan. 2, 2008
Well, it finally happened. Oil hits $100 a barrel. Looks like we will be cutting back on expenses.
Ouch....
Oil pushes to $100 - Jan. 2, 2008
IcEWoLF;1173200We need to use ethanol like other countries said:
Did you check your grocery store receipts lately?
Make a guess why the price of milk went up?
I don't believe that it is cheaper to produce ethanol than it is to let oil flow out of the ground. It may be "cheaper" to buy due to a variety of issues (one being subsidies for ethanol, and higher costs of oil due to regional strife), this is sad, the gas price keeps going up, never seems to come down.
We need to use ethanol like other countries, it's much cheaper.
It'll go right out of the Amercians' pockets and back into foreign pockets as soon as they go to the store to buy just about anything. Not to mention, you GOTTA know that foreign entities will own more of our ethanol production facilities than Americans will.. Where do you think the money for these things comes from?If we do start using ethanol then some of the money will be put back into the American's pockets for the fuel instead of terrorists out of the country.
Must have been a misprint. It's less than half a trillion (no small sum, of course) Here's a link to the actual figures…… I read somewhere that China has over $100 trillion in US currency treasury bonds. …