Big Bad Oil Companies

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QUINNSCOMMENTARY
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Big Bad Oil Companies

Post by QUINNSCOMMENTARY »

I just filled my car with 93 octane gas for $2.05 a gallon (a few weeks ago I paid as much as $4.45) that's about a $30.00 savings on a tank of gas, regular was $1.73 and on the radio this morning a commentator said $1.50 is coming with some areas of the US actually seeing $1.00 a gallon.

Makes you wonder why those big bad oil companies stopped manipulating the price of oil, do you think it was the political threat of a "windfall" profit tax? ;)

Or, could it be, just maybe that the price of oil went up and is now coming down because of world wide demand changes, just maybe?

No mind the cause, now we all have a windfall with more cash in our pockets, about $700 billion for the US from the peak of oil prices. Talk about a stimulas package. What to do, what to do with this windfall? :-3:-3 Here is a way to help the economy...

Spend it, spend it, spend it. Go buy something, even a little something, even a pair of pants made in Sri Lanka. Pretend you are still spending $3.50 a gallon, take the difference and go buy a green car, no not a "green" car a green friendly car GM is going to make scores of them in about six months. :driving:

But above all do not, I repeat don't not pay off your debts or save the money and if you are just selfish, take the extra cash and invest it in a good S&P 500 mutual fund. :)
"The power of accurate observation is commonly called cynicism by those who have not got it." George Bernard Shaw



"If everybody is thinking alike, then somebody is not thinking" Gen. George Patton



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Observations on Life. Give it a try now and tell a friend or two or fifty. ;)



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