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-   -   Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab (https://chiefsplanet.com/BB/showthread.php?t=161736)

sedated 11-16-2011 12:28 PM

Quote:

Originally Posted by Donger (Post 8115444)
Crude has broken through $100/barrel. Trading today at $101.59 right now.

Go. F. Yourself.

chasedude 11-16-2011 12:31 PM

Ok, I dont get it. WTH is causing the price increase?

Bugeater 11-16-2011 12:33 PM

Quote:

Originally Posted by chasedude (Post 8115706)
Ok, I dont get it. WTH is causing the price increase?

Annual holiday travel <strike>gouging</strike> demand.

Donger 11-16-2011 12:41 PM

Quote:

Originally Posted by chasedude (Post 8115706)
Ok, I dont get it. WTH is causing the price increase?

Weak dollar, and crude supplies have been pretty tight now for a month or so.

Donger 11-16-2011 12:41 PM

Quote:

Originally Posted by sedated (Post 8115697)
Go. F. Yourself.

Hey now. That's not very nice.

chiefqueen 11-16-2011 12:45 PM

Quote:

Originally Posted by chasedude (Post 8115706)
Ok, I dont get it. WTH is causing the price increase?

As Miles Lane (I think) would say, Israel & Iran are about ready to "GET IT ON". If that happen Iran is expected to shut off the Strait of Hormutz & oil is expected to almost instantly skyrocket to $200/barrel.

Frosty 11-16-2011 12:54 PM

Quote:

Originally Posted by chasedude (Post 8115706)
Ok, I dont get it. WTH is causing the price increase?

Sunspots

Donger 11-16-2011 01:07 PM

Quote:

Originally Posted by chiefqueen (Post 8115746)
As Miles Lane (I think) would say, Israel & Iran are about ready to "GET IT ON". If that happen Iran is expected to shut off the Strait of Hormutz & oil is expected to almost instantly skyrocket to $200/barrel.

Yeah, that too. That would be a horrible event.

Donger 12-14-2011 11:09 AM

Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.

Three7s 12-14-2011 11:23 AM

Quote:

Originally Posted by Donger (Post 8202799)
Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.

In the KC area, it's gone below $3/gallon again.

InChiefsHeaven 12-14-2011 11:37 AM

Quote:

Originally Posted by Donger (Post 8202799)
Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.

Goddamit, I'm sick of big oil gouging the shit out of us for their own selfish reasons...oh wait...

penguinz 12-14-2011 11:41 AM

Quote:

Originally Posted by Donger (Post 8202799)
Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.

What is stunning is that the US has a surplus of gas and we are now exporting it yet costs remain high.

Donger 12-14-2011 11:48 AM

Quote:

Originally Posted by penguinz (Post 8202921)
What is stunning is that the US has a surplus of gas and we are now exporting it yet costs remain high.

It's not stunning at all. If the energy companies can export their product for a higher price than they can get here, they will.

Donger 12-14-2011 04:48 PM

Crude closes down $5.19 (5.2%) today at $94.82. I will be sending it back up tomorrow, however.

Stewie 12-14-2011 05:15 PM

And pretty soon natural gas will be free! This has to be THE MOST MANIPULATED MARKET on the face of the earth. No jobs? Smash natural gas! I have no interest in nat. gas, but it's typical "keep the masses solvent" policy.

http://quotes.ino.com/chart/history....15&a=50&v=dmax


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