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Simulated oil meltdown shows U.S. economy's vulnerability
by skullaria at 11:13 am EDT, Jun 25, 2005

"Oil prices have reached an unthinkable $150 a barrel. In Philadelphia, Miami and Kansas City, Mo., gas prices reach $5.74 a gallon. Now it takes $121 to fill that midsized SUV.

You get the picture. The scenario is intended to show how vulnerable the U.S. and world economies are because of dependence on oil from places where political instability threatens orderly production and distribution."

RE: Simulated oil meltdown shows U.S. economy's vulnerability
by Jamie at 10:46 am EDT, Jun 27, 2005

skullaria wrote:
"Oil prices have reached an unthinkable $150 a barrel. In Philadelphia, Miami and Kansas City, Mo., gas prices reach $5.74 a gallon. Now it takes $121 to fill that midsized SUV.
You get the picture. The scenario is intended to show how vulnerable the U.S. and world economies are because of dependence on oil from places where political instability threatens orderly production and distribution."

On one note - this would be a good thing in the sense it would make Americans try harder to come up with alternative fuel sources.

On another note - this is obviously bad because it would serious affect our economy.

I for one would like this to happen so that we move faster on building new fuel sources.