Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 02-24-2011, 06:13 PM   #2316
R8RFAN R8RFAN is offline
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Quote:
Originally Posted by Donger View Post
I hopeful that this issue in Libya gets resolved (like in Egypt) and crude loses its present panic price factor, dropping back down to around $90 or lower.

But, all eyes should be on the Kingdom. They control 20% of the world's reserves and output about five times what Libya does a day.
From what I understand we don't get the bulk of our oil from there, most of it comes from Canada Mexico and Venezuela
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