Bent crude tops 60 a barrel
Not sure it's a technical issue but, with Bent crude on the rise, pump prices will surely climb as well making it more expensive to enjoy our pastime of RVing. We may be back to conservative measur...
Forum Discussion
Oops, I neglected to address the last sentence as to the ‘wind down of petro-energy dependence’...
The potential repercussions of this possibility (assuming your forecast is likely...) cannot be taken lightly since it would adversely impact the entire world’s petroleum based economic structures and likely reconfigure the world’s existing political power centers - IMO, war (to reconcile economic ledgers) would be the only way out... America reluctantly (Nixon) ditched the gold standard in favor of the ‘Petro Dollar’ and (empowering the printing press and irresponsible spending) and U.S. debt has been out of control ever since....The value of the petroleum based U.S. dollar would likely plunge and cost would soar....(think, Weimar republic)
For a cursory understanding of this matter, and what politicians hold as secret (along with their free spending) simply google ‘Petro-Dollar’ for starters....
3 tons
The potential repercussions of this possibility (assuming your forecast is likely...) cannot be taken lightly since it would adversely impact the entire world’s petroleum based economic structures and likely reconfigure the world’s existing political power centers - IMO, war (to reconcile economic ledgers) would be the only way out... America reluctantly (Nixon) ditched the gold standard in favor of the ‘Petro Dollar’ and (empowering the printing press and irresponsible spending) and U.S. debt has been out of control ever since....The value of the petroleum based U.S. dollar would likely plunge and cost would soar....(think, Weimar republic)
For a cursory understanding of this matter, and what politicians hold as secret (along with their free spending) simply google ‘Petro-Dollar’ for starters....
3 tons
