XJO 0.88% 7,959.3 s&p/asx 200

its gunna be a tough 1st half 2008, page-3

  1. 37,286 Posts.
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    hi edd

    i'm talking about the price of oil having a negative impact on the U.S economy.

    1) price of petrol, yanks filling up their V8 Hemmi gas/petrol guzzlers.

    2) manufactures increasing prices of goods due too petrol costs also oil by products used in products.

    3) supermarkets/department ie Walmart, Target stores increasing the price of groceries/products, because of transportation costs.

    the list is a mile long.

    they'd be better off if oil was around US$65-$75bbl
 
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