Chevrolet Corvette Stingray C7 Forum - View Single Post

swagled · 04-25-2011, 10:21 PM

I do not think this year is all from speculation.

We have India and China adding drivers, (GM itself selling batallions of cars in China). Middle East political upheaval. Political jitters in Nigeria too (another important producer). Plus the Fed printing money like they're smothering a forest fire with it. And on top of it all, Peak Oil is looming. (I favor the "bumpy plateau" theory if you've also been reading TheOilDrum.)

Let's just hope no hurricanes in the Gulf again. You COULD NOT BUY gas in Charlotte for several days when Gustav hit the Gulf refineries. Took at least a month for all the spotty shortages to work themselves out... pull up to a station and you just buy whatever grade they had available.

04-25-2011, 10:21 PM	#91
swagled Drives: Y2000 Olds Intrigue Join Date: Feb 2011 Location: NC Posts: 180	I do not think this year is all from speculation. We have India and China adding drivers, (GM itself selling batallions of cars in China). Middle East political upheaval. Political jitters in Nigeria too (another important producer). Plus the Fed printing money like they're smothering a forest fire with it. And on top of it all, Peak Oil is looming. (I favor the "bumpy plateau" theory if you've also been reading TheOilDrum.) Let's just hope no hurricanes in the Gulf again. You COULD NOT BUY gas in Charlotte for several days when Gustav hit the Gulf refineries. Took at least a month for all the spotty shortages to work themselves out... pull up to a station and you just buy whatever grade they had available.