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Old 02-24-2011, 10:47 AM   #9
cab2g
love. my. car.
 
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Drives: 2011 2SS/RS
Join Date: Jul 2009
Location: Chicago
Posts: 3,372
Well I wasn't planning on going. But I will admit, If I was planning on going and gas hit $5/gal I'd cancel. Not because I technically couldn't afford it, but because I'm a cheap bastard. If oil hits $220 a barrel, get ready for a full out depression. The Saudis said that they'd increase exports w/o OPEC's consent if prices started to spike. But we should all remember that the largest portion of our imports comes from the Western hemisphere and any major price hikes are due to speculation and not lack of supply. Please note that it would appear that we actually don't even import oil from Libya, which is the latest excuse for the oil price spike.
http://photos1.blogger.com/photoIncl...limports05.jpg
http://move.rmi.org/files/oilmap/RMI...nal_large.html
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