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What, an Earned Income Credit Gas Tax Rebate??

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What, an Earned Income Credit Gas Tax Rebate?? Empty What, an Earned Income Credit Gas Tax Rebate??

Post by SamCogar Wed May 07, 2008 11:49 am

Why not, it sure looks like the po folk isa gonna need sumpin like that in the next 18 - 24 months. To wit:

Oil prices surge to new record above $122

Futures driven up by fears about oil supplies, weaker U.S. dollar

NEW YORK - Oil futures blasted to a new record near $123 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices edged lower, but appear poised to rise to new records of their own in coming weeks.

A new Goldman Sachs prediction that oil prices could rise to $150 to $200 within two years seemed to motivate much of Tuesday’s buying, although a falling dollar and increasing concerns about declining crude production in Mexico and Russia contributed, analysts say.

Light, sweet crude for June delivery jumped to a new record of $122.73 a barrel before retreating to settle up $1.87 at a record $121.84 on the New York Mercantile Exchange.

http://www.msnbc.msn.com/id/12400801/


NEW YORK - A Goldman Sachs analyst on Tuesday predicted that oil prices could reach $150 to $200 a barrel over the next 6 months to two years, but said that how far prices could climb still “remains a major uncertainty.”

He raised his 2008 prediction for benchmark West Texas Intermediate crude oil spot prices to $108 per barrel from $96, and his 2009 estimate to $110 from $105. He lifted his prediction for 2010 and 2011 to $120 from $110.

But he also said it was possible that oil could hit $125 this year and $200 in 2009 before coming down to $150 in 2010.

http://www.msnbc.msn.com/id/24482312/

And Hillary is right now in Shephardstown, WV .......... a tellin the po folk that's what she is gonna give them.

And everything else they want also, .......... and they are all happy and are going to vote for her.

And all the Teachers are cheering her ...... for promising to terminate the NCLB mandate.

cheers cheers cheers cheers

SamCogar

Number of posts : 6238
Location : Burnsville, WV
Registration date : 2007-12-28

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