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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 10-16-2008, 01:45 PM   #1096
Donger Donger is offline
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Quote:
Originally Posted by Deberg_1990 View Post
he still thinks we will see $3 again by the end of this year.
Never doubt me.
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Old 10-16-2008, 02:04 PM   #1097
BigCatDaddy BigCatDaddy is offline
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Quote:
Originally Posted by Donger View Post
Never doubt me.
While I believe reducing demand has helped lower the price. The large increase in price over the summer appears to be driven mostly be speculators now. I would think OPEC would love to hang those guys by their testicles. While they had the nice spike for a short time, they have appeared to have triggered a global decrease in demand over the long haul, including mandates on fuel efficient cars and a more urgent development of alternative fuel sources.
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Old 10-16-2008, 02:23 PM   #1098
Kerberos Kerberos is offline
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2.67 per gallon here in Junction City, Kansas

It's been so long over $3 a gallon I don't remember when it was this low.
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Old 10-16-2008, 02:25 PM   #1099
Bowser Bowser is offline
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Originally Posted by Kerberos View Post
2.67 per gallon here in Junction City, Kansas

It's been so long over $3 a gallon I don't remember when it was this low.
The problem is thinking 2.67 is low.
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Old 10-16-2008, 02:27 PM   #1100
Donger Donger is offline
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Quote:
Originally Posted by BigCatDaddy View Post
While I believe reducing demand has helped lower the price. The large increase in price over the summer appears to be driven mostly be speculators now. I would think OPEC would love to hang those guys by their testicles. While they had the nice spike for a short time, they have appeared to have triggered a global decrease in demand over the long haul, including mandates on fuel efficient cars and a more urgent development of alternative fuel sources.
Correct.
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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 10-16-2008, 02:34 PM   #1101
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Old 10-16-2008, 02:38 PM   #1102
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Old 10-16-2008, 02:42 PM   #1103
BigCatDaddy BigCatDaddy is offline
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Quote:
Originally Posted by Donger View Post
Correct.
Sweet! I got one right.
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Old 10-16-2008, 02:51 PM   #1104
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Old 10-16-2008, 02:53 PM   #1105
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Old 10-16-2008, 02:56 PM   #1106
Donger Donger is offline
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Crude closed down $4.69 (6.29%) @ $69.85. That's ~$2.85/gallon.
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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 10-16-2008, 02:59 PM   #1107
Donger Donger is offline
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OPEC moved forward its emergency meeting to October 24. Expect them to reduce output by at least 1 million barrels/day.

And crude still dropped.
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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 10-16-2008, 03:03 PM   #1108
MOhillbilly MOhillbilly is offline
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Old 10-16-2008, 03:40 PM   #1109
chasedude chasedude is offline
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Quote:
Originally Posted by Donger View Post
OPEC moved forward its emergency meeting to October 24. Expect them to reduce output by at least 1 million barrels/day.

And crude still dropped.
The value of the dollar is really moving up lately. A dollar in Euro's is .74 today. This could be another reason why the price is dropping, our money is worth more now.
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Old 10-16-2008, 03:41 PM   #1110
Donger Donger is offline
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The value of the dollar is really moving up lately. A dollar in Euro's is .74 today. This could be another reason why the price is dropping, our money is worth more now.
Indeed.
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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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