View Single Post
Old 07-24-2008, 03:31 PM   #12
JL8Jeff
Hippy Mod, Bergermeister Meisterberger, Moderator
 
JL8Jeff's Avatar
 
Join Date: Aug 2004
Location: Ewing
Posts: 6,216
iTrader: (3)
Oil is used to make everything nowadays and with China grabbing as much as they can it really won't go back down much. Corn is now being used to make plastic, go figure! Let's see, corn for food, corn for fuel, corn for plastic, hmmm, I bet the price of corn goes up. It's a global population problem that we don't have the resources for what we want. I just don't see prices coming down on anything any time soon. The demand is too high everywhere. And any interuption in supply(oil, gas, water, food) will cause immediate spikes. Katrina/Rita showed us how vulnerable we really are when supply interuptions occur. Lack of planning hasn't helped either.

-
__________________
69 Z28 JL8 4 wheel disc brakes - being restored
09 Silverado Z71
JL8Jeff is offline   Reply With Quote