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Old 04-23-2007, 09:40 AM  
Donger Donger is offline
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!

Last edited by Donger; 10-10-2014 at 02:43 PM..
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Old 09-01-2011, 05:48 PM   #3136
Blindside58 Blindside58 is offline
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Quote:
Originally Posted by Donger View Post
In October 2008, crude was $90/barrel and gasoline was $3.60/gallon, so this isn't unprecedented.

So, no Bowser, you aren't being ****ed.




Yes...He is...
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Old 09-01-2011, 06:06 PM   #3137
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Quote:
Originally Posted by crispystl420 View Post
Just because it's consistent with the past doesn't mean we aren't getting ****ed. It just shows we are getting ****ed consistently.
Okay.
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Old 09-01-2011, 06:06 PM   #3138
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Quote:
Originally Posted by Spott View Post
No, he's just getting ****ed again like the rest of us.
Okay.
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Old 09-01-2011, 06:06 PM   #3139
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Quote:
Originally Posted by Blindside58 View Post




Yes...He is...
What point are you trying to make with those graphs?
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Old 09-01-2011, 06:09 PM   #3140
Blindside58 Blindside58 is offline
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Originally Posted by Donger View Post
What point are you trying to make with those graphs?
That more often than not Gas prices fluctuate at the same rate as oil...currently, over the past month...crude oil has dropped and gas prices have maintained..What the F### do you think the graphs show? do you even look at them?
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Old 09-01-2011, 06:18 PM   #3141
Donger Donger is offline
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Quote:
Originally Posted by Blindside58 View Post
That more often than not Gas prices fluctuate at the same rate as oil...currently, over the past month...crude oil has dropped and gas prices have maintained..What the F### do you think the graphs show? do you even look at them?
Are you aware that the gasoline price in the graphs is not a national average?

Anyway, what your graphs show is that sometimes crude outpaces gas prices, and sometimes that is flipped. I think everyone would agree that it's pretty amazing how consistent it is (because there really isn't any collusion). They also show that one can't say "$80 crude = X in gas" People have asked me that over this thread and I've done my best to accurate, but it isn't linear.
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Last edited by Donger; 09-01-2011 at 06:32 PM..
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Old 09-01-2011, 08:01 PM   #3142
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Originally Posted by Donger View Post
In October 2008, crude was $90/barrel and gasoline was $3.60/gallon, so this isn't unprecedented.

So, no Bowser, you aren't being ****ed.
Fuel prices are annoying, especially when reports are out that the US isn't using as much gasoline these days. I get how the economics of it all play out, but it doesn't mean I like it or think that the numbers somehow don't jive (no, no hard facts of this, so don't press). I just check into this thread every now and again to bitch, really.
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Old 09-01-2011, 08:05 PM   #3143
Extra Point Extra Point is offline
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Old 09-01-2011, 10:11 PM   #3144
Donger Donger is offline
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Quote:
Originally Posted by Bowser View Post
Fuel prices are annoying, especially when reports are out that the US isn't using as much gasoline these days. I get how the economics of it all play out, but it doesn't mean I like it or think that the numbers somehow don't jive (no, no hard facts of this, so don't press). I just check into this thread every now and again to bitch, really.
Our demand is in fact down. Something like 4%. Unfortunately, our "competition's" demand is up more than that decline. It's a global market.
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Old 09-02-2011, 09:58 AM   #3145
Donger Donger is offline
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Crude down 3.45% right now at $85.86.
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Old 09-02-2011, 10:41 AM   #3146
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Crude down 3.45% right now at $85.86.
And my price at the pump is up about $.08 from a couple days ago. Yeah holidays!
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Old 09-07-2011, 11:27 AM   #3147
Donger Donger is offline
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Crude up over 3% right now. Approaching $90/barrel.
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Old 09-22-2011, 04:02 PM   #3148
Donger Donger is offline
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Crude closed down $5.41 (6.3%) at $80.51/barrel today.
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Old 09-22-2011, 04:09 PM   #3149
Stewie Stewie is offline
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Crude closed down $5.41 (6.3%) at $80.51/barrel today.
No surprise. Demand is expected to wane with the shitty worldwide economy. There was a story in the KC Star today about utility companies seeing far less demand (and income) due to so many vacant houses.
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Old 09-22-2011, 04:10 PM   #3150
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No surprise. Demand is expected to wane with the shitty worldwide economy. There was a story in the KC Star today about utility companies seeing far less demand (and income) due to so many vacant houses.
Yeah, a pretty crappy day all around (or good, depending on your take).
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