Quote:
Originally Posted by spanky part 2
For all you brilliant GFY economists, what do you think is gonna happen to the price of EVERYTHING when the gas goes to $5 a gallon.
All those things you buy are going to go up by 25-50%. Yes that's right it is going to cost more to buy your beer and nacho's.
I always love people that say shit like, buy stock in oil companies. When you can't buy a loaf of bread, or the gas to even go to the store, you won't be buying anything except what you need to live.
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Of course prices will go up but you blame the oil companies for the increase of the price of gas and this is not the case. The oil companies are currently operating at an 8 plus percent profit margin on their investment and they of course are in business to make a reasonable profit and I consider 8 plus percent to be a reasonable margin.