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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 11-16-2011, 12:28 PM   #3196
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Crude has broken through $100/barrel. Trading today at $101.59 right now.
Go. F. Yourself.
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Old 11-16-2011, 12:31 PM   #3197
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Ok, I dont get it. WTH is causing the price increase?
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Old 11-16-2011, 12:33 PM   #3198
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Ok, I dont get it. WTH is causing the price increase?
Annual holiday travel gouging demand.
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Old 11-16-2011, 12:41 PM   #3199
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Quote:
Originally Posted by chasedude View Post
Ok, I dont get it. WTH is causing the price increase?
Weak dollar, and crude supplies have been pretty tight now for a month or so.
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Old 11-16-2011, 12:41 PM   #3200
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Go. F. Yourself.
Hey now. That's not very nice.
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Old 11-16-2011, 12:45 PM   #3201
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Ok, I dont get it. WTH is causing the price increase?
As Miles Lane (I think) would say, Israel & Iran are about ready to "GET IT ON". If that happen Iran is expected to shut off the Strait of Hormutz & oil is expected to almost instantly skyrocket to $200/barrel.
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Old 11-16-2011, 12:54 PM   #3202
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Ok, I dont get it. WTH is causing the price increase?
Sunspots
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Old 11-16-2011, 01:07 PM   #3203
Donger Donger is offline
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As Miles Lane (I think) would say, Israel & Iran are about ready to "GET IT ON". If that happen Iran is expected to shut off the Strait of Hormutz & oil is expected to almost instantly skyrocket to $200/barrel.
Yeah, that too. That would be a horrible event.
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Old 12-14-2011, 11:09 AM   #3204
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Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.
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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 12-14-2011, 11:23 AM   #3205
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Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.
In the KC area, it's gone below $3/gallon again.
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Old 12-14-2011, 11:37 AM   #3206
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Originally Posted by Donger View Post
Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.
Goddamit, I'm sick of big oil gouging the shit out of us for their own selfish reasons...oh wait...
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Old 12-14-2011, 11:41 AM   #3207
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Originally Posted by Donger View Post
Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.
What is stunning is that the US has a surplus of gas and we are now exporting it yet costs remain high.
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Old 12-14-2011, 11:48 AM   #3208
Donger Donger is offline
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What is stunning is that the US has a surplus of gas and we are now exporting it yet costs remain high.
It's not stunning at all. If the energy companies can export their product for a higher price than they can get here, they will.
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Old 12-14-2011, 04:48 PM   #3209
Donger Donger is offline
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Crude closes down $5.19 (5.2%) today at $94.82. I will be sending it back up tomorrow, however.
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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 12-14-2011, 05:15 PM   #3210
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And pretty soon natural gas will be free! This has to be THE MOST MANIPULATED MARKET on the face of the earth. No jobs? Smash natural gas! I have no interest in nat. gas, but it's typical "keep the masses solvent" policy.

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