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Old 04-23-2007, 08:40 AM  
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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 01:43 PM..
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Old 05-27-2008, 02:56 PM   #751
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Crude dropped 2.5% today.
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Old 05-27-2008, 03:19 PM   #752
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Crude dropped 2.5% today.
So what does that put for cost per barrel then?
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Old 05-27-2008, 03:39 PM   #753
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So what does that put for cost per barrel then?
$128.85
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Old 05-27-2008, 03:41 PM   #754
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$128.85
From a High of $135 on Thursday... 'tis nice to see it coming down.
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Old 05-28-2008, 07:01 AM   #755
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Lets hope that trend continues, and this is the actual bursting of the famous bubble...

...do you suppose it went down because of an anticipated drop in Chinese consumption after the earthquake?
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Old 05-28-2008, 07:33 AM   #756
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Crude dropped 2.5% today.
Price of crude dropped 2.5% and the cost of a gallon of 87 octane went up $0.10 overnight.
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Old 05-28-2008, 07:44 AM   #757
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Lets hope that trend continues, and this is the actual bursting of the famous bubble...

...do you suppose it went down because of an anticipated drop in Chinese consumption after the earthquake?
I read last week that their consumption of desiel has gone through the roof due to the earthquakes. It seems that it disrupted the supply of coal and they are using desiel to power their power plants.
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Old 05-28-2008, 09:52 AM   #758
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Old 05-28-2008, 11:31 AM   #759
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Old 05-28-2008, 12:01 PM   #760
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$3.94
So, when it hits $4.00 a gallon, are we going to:

a) have a party?
b) have a cow?
c) have a revolution?
d) have a stiff drink?
e) all of the above?
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Old 05-28-2008, 12:09 PM   #761
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So, when it hits $4.00 a gallon, are we going to:

a) have a party?
b) have a cow?
c) have a revolution?
d) have a stiff drink?
e) all of the above?
I have no idea what "we" will do. If it happens, I plan on doing nothing out of the ordinary.
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Old 05-28-2008, 12:28 PM   #762
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I have no idea what "we" will do. If it happens, I plan on doing nothing out of the ordinary.
How about you retire this thread for a "$5.00 gas, coming to a pump near you" thread.
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Old 05-28-2008, 12:37 PM   #763
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How about you retire this thread for a "$5.00 gas, coming to a pump near you" thread.

I agree. This thread is soooooo 2007.
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Old 05-29-2008, 01:41 PM   #764
Donger Donger is online now
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$3.95. Crude dropped $4.41 to $126.62 today.
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Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
   
Old 05-29-2008, 01:44 PM   #765
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If gasoline reaches $4.00, the government would almost certainly hit the SPR and eliminate the federal tax. States probably would as well.
I bet not.
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