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Hussain

did you see in today's journal that gas prices are going to $.00 per gallon?

Tyler:

free gas? no, I saw that it might get as high as four bucks...

Hussain:

opps my mistake i meant $4.00 per gallon.lol

Angiemaritza:

That's awesome. Wait What? how much?

Angiemaritza:

HI HOBE!

Hussain:

i am sorry it was supposed to be $4.00 per gallon.lol

Angiemaritza:

That's insane!!!

Hussain:

I agree Leath it is so sad it is going to hurt everyone, so many people are struggling already.

ZenDisaster:

is that added or subtracted from yesterdays price?

Agave:

rofl..Wouldn't that be cool..How are you?:)

Hussain:

good morning Queentoad the laugh is on me it was supposed to be $4.00. have a great day i am so embarssed!

Sha-sha:

Have you heard of the Petro-Dollar?
It's the monetary theory that says whoever controls the oil has the most to gain and as most of the world trades in the US $ then then US is the richest country in the world.
The US controls the oil, countries have to buy the oil, but as they trade in US$ then the countries buying the oil also have to buy the US$ which they do through trade so in theory the US sells the country the $, the country then buys the oil with the $ already supplied to them.
But.
Oil producing countries are now thinking of converting to the Euro and oil trading will be done with the Euro instead of the $ and as a result the US will lose trillions of dollars in lost revenue thus collapsing the dollar.
Just saw it on a programme here in the UK on Sunday night.

Sha-sha:

As a result I would imagine that gas prices in the US would soar to compensate for the loss.

Hussain:

you are right

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