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  1. #1
    "just sayin".. jetdave56's Avatar
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    the uprise in Egpyt and the price of gas...

    If the Suez Canal gets restricted like many feel might happen, price of oil going to $4-5 a gallon...it will be tough riding a high performance two-stroke..


  2. #2
    Mod less, ride more! troyheb's Avatar
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    The oil that the U.S. imports does not pass through the Suez Canal.

  3. #3
    yup, and this is the perfect reason to shove it right up the good ol USA`s A$$ after all the help we give to those counties without getting paid back! WTF!
    are we getting oil out of Kuwait yet???
    Last edited by Pale Rider; 02-22-2011 at 04:30 PM. Reason: spelling

  4. #4
    "just sayin".. jetdave56's Avatar
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    Quote Originally Posted by troyheb View Post
    The oil that the U.S. imports does not pass through the Suez Canal.
    You must be kidding me if you think cost for a barrel of oil is not going to be deeply effected world wide...we shall see..

  5. #5
    Mod less, ride more! troyheb's Avatar
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    Quote Originally Posted by jetdave56 View Post
    You must be kidding me if you think cost for a barrel of oil is not going to be deeply effected world wide...we shall see..
    I am not saying it wont be affected. What I am saying is that it should not be affected.

  6. #6
    KamikazeGPR's Avatar
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    The U.S imports the majority of it's oil from canada. Mexico and saudi arabia are tied for 2nd as oil suppliers to the U.S. So, what happens in egypt shouldn't affect us directly. But, you know some clown speculators on wall street have already made their oil futures purchases and now the media will get pumped up by wall street with the "sky is falling" egypt crap and the price of a barrel will go up. The speculators get richer. We go more broke.

  7. #7
    "just sayin".. jetdave56's Avatar
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    Quote Originally Posted by KamikazeGPR View Post
    The U.S imports the majority of it's oil from canada. Mexico and saudi arabia are tied for 2nd as oil suppliers to the U.S. So, what happens in egypt shouldn't affect us directly. But, you know some clown speculators on wall street have already made their oil futures purchases and now the media will get pumped up by wall street with the "sky is falling" egypt crap and the price of a barrel will go up. The speculators get richer. We go more broke.

    yep oil prices are based mostly on supply and demand but the barrel can be bidded up in the futures market do to speculation, such as fear, war or civil unrest anywhere in the world ,especially the oil producing region...the world is already on a high demand fron economically growing countries like China and India...the oil price is like stock market prices, where uncertainty and speculation determine the price alot of the time, not a companies good fundamentals...

  8. #8
    Quote Originally Posted by KamikazeGPR View Post
    The U.S imports the majority of it's oil from canada. Mexico and saudi arabia are tied for 2nd as oil suppliers to the U.S. So, what happens in egypt shouldn't affect us directly. But, you know some clown speculators on wall street have already made their oil futures purchases and now the media will get pumped up by wall street with the "sky is falling" egypt crap and the price of a barrel will go up. The speculators get richer. We go more broke.
    +1,000,000,000

  9. #9
    YoYamma's Avatar
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    It's not just Egypt.
    In the last few weeks, the rule of Tunisia's Ben Ali has already been toppled, and Hezbollah has toppled the Lebanese government. Today they announced the King of Jordan has dismissed his government as well. Some are already calling for the Suez Canal to be closed. If this spreads to Saudi Arabia and keeps going, gas prices may be the least of our concerns, see links below:
    Muslim Brotherhood:
    Worldwide Islamist revolution explodes
    The Muslim Brotherhood: the enemy in its own words

  10. #10
    "just sayin".. jetdave56's Avatar
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    Quote Originally Posted by troyheb View Post
    The oil that the U.S. imports does not pass through the Suez Canal.
    You must be kidding me if you think cost for a barrel of oil is not going to be deeply effected world wide...we shall see..

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