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Old 04-23-2007, 08:40 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 01:43 PM..
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Old 12-04-2008, 04:52 PM   #1501
Frazod Frazod is offline
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Be careful what you wish for. At $30/barrel, the oil companies will not invest in new E&P.
Well, we both know it won't stay that low for long.
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Old 12-04-2008, 04:54 PM   #1502
Donger Donger is offline
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Well, we both know it won't stay that low for long.
It will be interesting so see what happens in the spring, when demand usually increases.
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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 12-04-2008, 06:57 PM   #1503
KChiefsQT KChiefsQT is offline
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I just filled up for $1.77....in Cali!!! Tank was full after 32 bucks!!!! Sweet deal.
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Old 12-04-2008, 07:19 PM   #1504
jjchieffan jjchieffan is offline
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Something is wrong with this picture. If gas is $1.77 in California, then it should be under $1.25 here in MO. Gas is always 50 cents to a dollar higher in California. I have noticed that Missouri gas prices seem to be a lot closer to the national average than usual these days.
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Old 12-05-2008, 07:58 AM   #1505
Saulbadguy Saulbadguy is offline
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Be careful what you wish for. At $30/barrel, the oil companies will not invest in new E&P.
They won't do that anyways. IMO.
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Old 12-05-2008, 08:58 AM   #1506
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They won't do that anyways. IMO.
I'm not sure I would, either, considering the massive volatility in crude prices. With crude at $100+, they had plenty of extra capital to invest in new E&P. At $40 only four months after being at $147?
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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 12-05-2008, 09:06 AM   #1507
Lzen Lzen is offline
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Quote:
Originally Posted by jjchieffan View Post
Something is wrong with this picture. If gas is $1.77 in California, then it should be under $1.25 here in MO. Gas is always 50 cents to a dollar higher in California. I have noticed that Missouri gas prices seem to be a lot closer to the national average than usual these days.
Well, if it was 50 cents lower when gas was $4 a gallon, don't you think it makes sense to be 25 cents lower when gas is $2 (or a little less) a gallon?
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Old 12-05-2008, 02:10 PM   #1508
Donger Donger is offline
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Crude could push below $40 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 12-05-2008, 02:15 PM   #1509
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Old 12-05-2008, 02:27 PM   #1510
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Its 1.59 here in TN area where I live. I filled my Jeep up for 40 bucks. When it was 4.00 it cost right at 100.00. I hope it stays down I make about a 80 mile round trip to work and back and it really cuts into my paycheck to have to pay so much for gas just to get to work.
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Old 12-05-2008, 02:28 PM   #1511
ChiTown ChiTown is offline
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Crude could push below $40 today.
It's going to $25 in Q1 09....just a hunch.
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Old 12-05-2008, 04:43 PM   #1512
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$40.81 a barrel. Not exactly under $40, but it's a good possibility it could happen real soon.....
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Old 12-08-2008, 03:45 PM   #1513
Donger Donger is offline
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Crude closes up $2.90 (7.11%) @ $43.71
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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 12-08-2008, 03:46 PM   #1514
The Franchise The Franchise is offline
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Crude closes up $2.90 (7.11%) @ $43.71
OH NOESSSSSSS!!!!!!
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Old 12-08-2008, 04:15 PM   #1515
Frazod Frazod is offline
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It's down to $1.50 up here.

I continued to be both thrilled and creeped out all at the same time.
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