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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 04-02-2009, 12:38 PM   #1726
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Crude up 8.7% at $52.60
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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.
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Old 04-02-2009, 01:17 PM   #1727
Discuss Thrower Discuss Thrower is online now
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Crude up 8.7% at $52.60; Donger's wealth up 6.9 at $769,493.58
You omitted something.
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Old 04-02-2009, 02:04 PM   #1728
InChiefsHell InChiefsHell is offline
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Around here they are saying 2.25\gal or so by Memorial Day.
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Old 04-02-2009, 02:06 PM   #1729
Mr. Flopnuts Mr. Flopnuts is offline
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Originally Posted by InChiefsHell View Post
Around here they are saying 2.25\gal or so by Memorial Day.
Around here it's already over that.
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Well I was gonna blow and swallow instead of the usual gag and spit. But now it will be neither.
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Old 04-14-2009, 09:20 AM   #1730
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Gasoline expected to remain cheap this summer.

WASHINGTON – Despite the dismal economy, motorists may want to take to the road this summer. The federal government says gasoline prices are expected to stay relatively low.

The Energy Information Administration on Tuesday projected regular-grade gasoline to average $2.23 a gallon during the April-through-September driving season. The monthly average is likely to peak at $2.30 a gallon. That's still a bargain compared to last summer, when gasoline cost an average of $3.81 a gallon and soared for a time past $4.

The report also said U.S. crude oil production declined by 110,000 barrels a day last year because of Gulf Coast hurricanes, but should rebound by an additional 440,000 barrels to 5.4 million barrels a day this year, the first increase in domestic production since 1991.

In recent weeks gas prices have edged higher from their lows in December. Last week gasoline average $2.05 a gallon. The energy agency attributed the increases to slightly higher crude oil costs and refiners trying to recoup some profits.

The EIA report projects crude oil prices to average $53 a barrel this year, but to increase by about $10 a barrel in 2010. But it said a stronger-than-expected economic recovery, lower global production or "more aggressive action to cut production" by the OPEC oil cartel "could lead to a faster and stronger rise in oil prices."

Despite the drop in crude prices as well as cheaper gasoline, U.S. consumption of petroleum products, mainly gasoline and diesel, is forecast to decline for a second year in a row because of the economic downturn, the report said.

It said consumption declined by 6.1 percent last year, compared with 2007, in part because of the high cost of fuel in the first half of the year, and is expected to drop another 2.2 percent this year, or by 430,000 barrels a day. An expected economic upturn will increase demand in 2010 by 1.4 percent, the report said.

There should be plenty of gasoline available this summer. Refinery production is projected to increase by about 240,000 barrels a day compared with last summer. Total gasoline stocks as of April 1 were slightly less than last year at this time, but higher than the five-year average.

More ethanol will be blended with gasoline this year, as required by law. The EIA said an average of 670,000 barrels a day of ethanol to be blended, compared to 635,000 barrels a day last summer.

Still, the EIA said the growth of ethanol plant capacity will slow dramatically in 2009 as lower gasoline prices depress profits in ethanol production and the constraints in the financial markets curtail plant construction plans.

http://news.yahoo.com/s/ap/20090414/...ummer_gasoline
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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.
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Old 04-14-2009, 09:26 AM   #1731
Mr. Flopnuts Mr. Flopnuts is offline
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Sounds good to me. $2.50 a gallon this summer would be awesome. I, for one will take advantage of it and do some road tripping, camping, etc. It climbs over that though, and I'm going back into conservation mode. Last summer really made me evaluate what I was willing to pay for the stuff. It goes over that amount and I'll use it as sparingly as possible.
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Well I was gonna blow and swallow instead of the usual gag and spit. But now it will be neither.
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Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.Mr. Flopnuts is obviously part of the inner Circle.
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Old 04-14-2009, 09:38 AM   #1732
InChiefsHell InChiefsHell is offline
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I can live with 2.50 I guess, but it still kinda sucks. I'm still going to conserve in my regular driving, but a vacation is not out of the question this summer.
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InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.
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Old 04-20-2009, 03:13 PM   #1733
Donger Donger is offline
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Splat!

Crude closes at $45.88, down $4.45 or 8.84%
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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.
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Old 04-20-2009, 04:38 PM   #1734
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Splat!

Crude closes at $45.88, down $4.45 or 8.84%
Looks like it followed the Dow today, dropped 289pts
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Old 04-21-2009, 05:38 AM   #1735
InChiefsHell InChiefsHell is offline
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Looks like it followed the Dow today, dropped 289pts
Did it follow the DOW, or did the DOW follow the drop in oil?
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Quit listening to all that crappy new music and check out HEADSTRONG!
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InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.InChiefsHell 's phone was tapped by Scott Pioli.
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Old 05-06-2009, 09:48 AM   #1736
Donger Donger is offline
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Crude surging today. Up 2.25% at $55.05
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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.
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Old 05-06-2009, 09:50 AM   #1737
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Crude surging today. Up 2.25% at $55.05
It can just stop that shit right now.
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Old 05-06-2009, 09:52 AM   #1738
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It can just stop that shit right now.
I wouldn't be surprised to see crude reach $70 before the end of summer.
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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.
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Old 05-06-2009, 11:43 AM   #1739
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Why is the price of oil up if supplies are at a 19 year high? What is going on in the market that people are buying now? I just dont see it...
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Old 05-06-2009, 11:50 AM   #1740
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Why is the price of oil up if supplies are at a 19 year high? What is going on in the market that people are buying now? I just dont see it...
There is not probably a legit answer.. If they can raise it, they will..
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