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 what IF the oil bubble burst?

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skiddtrader
post Jun 23 2008, 02:43 AM

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Huh?? What do you guys mean? I think that the best think to happen if the oil bubble were to burst.

Why? ;

1: Transportation costs down.
2: Utility costs down
3: Cheaper airline fares
4: Lower freight rates
5: Manufacturing costs down
6: Automotive industry will be revived.
7: Raw materials for everything plastic/polystyrene would be down

But bad points;

1: Government tax collection from oil companies would be down
2: Less business for oil industry service companies (but they are small number anyway)
3: Due to less tax from oil companies, development of infrastructure might be scaled down.


So to conclude, people will be happier but will be driving down shittier roads. laugh.gif

 

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