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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)

Donger 10-15-2014 12:08 PM
Quote:
Originally Posted by loochy (Post 11017395)
remap their business process

rethink their procurement strategy for machinery

cut some heads (pun intended)
"Quart of blood technique"?

scho63 10-15-2014 12:24 PM
A couple of facts about gasoline:

-The reason gas prices (oil) are currently declining rapidly are two fold; the US dollar is skyrocketing in value against most currencies and since oil is traded in dollars, greater the value of dollars the less the price of oil.

-Since Obama took office in 2008 the average price of gas is $1.74 HIGHER than when George Bush was in office, resulting in American consumers and businesses spending an astounding $1.3 TRILLION dollars more for gasoline. This has resulted in less purchasing power, increased costs for travel and transportation, higher food prices, higher utility bills and much less money for consumer spending with disposable income.

-Higher gas and oil prices have been a big shackle on the recovery along with a hidden tax burden on the lower and middle class!

Donger 10-15-2014 12:35 PM
Sigh.

Iowanian 10-15-2014 12:37 PM
Quote:
Originally Posted by Saulbadguy (Post 11013984)
Nope, I don't have to travel much. We spent a total of $75 last month on gas.
and I care because I'll probably spend $75+ each day the rest of the week...better than $100/day with higher prices...be happier when it's $60.

Iowanian 10-15-2014 12:38 PM
Quote:
Originally Posted by Donger (Post 11017342)
Because 90% (or some ridiculous amount) of their revenue comes from crude sales. Crude at $80/barrel puts them into deficits.
It would be a shame if they had less money to fund terrorists.

Bugeater 10-15-2014 01:46 PM
Quote:
Originally Posted by Donger (Post 11016788)
Like I said, it didn't occur to me.
:spock: It didn't occur to you when I asked you?

Donger 10-15-2014 01:51 PM
Quote:
Originally Posted by Baconeater (Post 11017637)
:spock: It didn't occur to you when I asked you?
Considering that I didn't recall that you had asked the same thing back then, no.

Saulbadguy 10-15-2014 02:55 PM
Quote:
Originally Posted by Iowanian (Post 11017465)
and I care because I'll probably spend $75+ each day the rest of the week...better than $100/day with higher prices...be happier when it's $60.
Bummer. Tax deductible tho?

Bugeater 10-15-2014 04:36 PM
Quote:
Originally Posted by Donger (Post 11017645)
Considering that I didn't recall that you had asked the same thing back then, no.
Ok, it was 2011, and I was (not surprisingly) being a douchebag about it.


Quote:
Originally Posted by Baconeater (Post 7802652)
Hey Donger, do you suppose you could shorten up that OP a little? That story is four ****ing years old after all, and I'm getting tired of having to scroll through it all just to tell you to go **** yourself.
And your response

Quote:
Originally Posted by Donger (Post 7802684)
No.
Anyway, I'm heading out of town for a few days and I'll enjoy the lower gas prices. :thumb:

Donger 10-15-2014 04:48 PM
Quote:
Originally Posted by Baconeater (Post 11018806)
Ok, it was 2011, and I was (not surprisingly) being a douchebag about it.




And your response



Anyway, I'm heading out of town for a few days and I'll enjoy the lower gas prices. :thumb:
Enjoy your freedom.

Bwana 10-15-2014 05:14 PM
http://www.reuters.com/article/2013/...0FZ07Y20130729

Donger 10-27-2014 09:21 AM
Today could be the day where crude closes below $80.00/barrel:

Stocks suffer as US oil prices slide to lowest in almost 2 years

Monday 14:00 GMT. US oil prices are trading at their cheapest in more than two years after Goldman Sachs slashed its price forecast for 2015, a move that is rattling resource stocks and may add to investors’ deflation concerns.

The closely watched Wall Street bank said accelerating US production would outpace demand growth and could force the price of West Texas Intermediate crude to $70 a barrel by the second quarter of next year, and Brent, the global benchmark, to $80.

Donger 10-27-2014 09:29 AM
And it looks like gasoline will get below $3.00/gallon very soon. Now at $3.03, down $0.30 in one month.

The last time gasoline was under $3.00/gallon was December 2010.

Bowser 10-27-2014 09:30 AM
It's been under $3.00 here in KC for upwards of three weeks now.

Perineum Ripper 10-27-2014 09:31 AM
It was $2.82-$2.85 around here just a couple days ago..haven't been back in town since then so not sure what it is today


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