thomas41546
Champion Author
Pennsylvania
Posts:1,912
Points:834,220
Joined:Oct 2005
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Message Posted:
10/11/2008 6:03:42 PM
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thats good news but look at waht has happened to the worlds economies
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Honda_Insight
Sophomore Author
Lexington
Posts:202
Points:6,360
Joined:Sep 2008
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Message Posted:
10/11/2008 12:18:20 PM
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Yeah, after the election, and Holiday Shopping Season, right back up, according to the historical charts. Save enough for next summer, it'll be high.
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domer2
Champion Author
Gary
Posts:1,072
Points:418,700
Joined:May 2007
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Message Posted:
10/11/2008 12:14:14 PM
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closed at 77-78 yesterday.
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bbreff
Champion Author
Atlanta
Posts:2,290
Points:1,067,890
Joined:Jun 2005
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Message Posted:
10/11/2008 11:46:04 AM
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According to an article in the paper today, 10/11/08, oil is at $78.00.
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RLH68
Champion Author
Orlando
Posts:2,240
Points:457,550
Joined:Jun 2007
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Message Posted:
10/11/2008 10:45:34 AM
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Tough!
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adslguru
Champion Author
Florida
Posts:1,747
Points:108,750
Joined:Sep 2008
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Message Posted:
10/11/2008 10:15:43 AM
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repost just because I like it....in Jan '05 when Pelosi took over the house crude was at $46 a barrel, and she said she had a plan for the high price of gas. I guess it worked
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NYRfan
Veteran Author
Cincinnati
Posts:343
Points:163,400
Joined:Jul 2006
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Message Posted:
10/11/2008 9:32:41 AM
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it's about time
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Don20
Champion Author
Oklahoma City
Posts:1,769
Points:1,059,010
Joined:Mar 2005
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Message Posted:
10/11/2008 9:29:28 AM
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DarthDadJr: What difference does it make, how low it goes if you don't have any money to buy anyway.?? If you have STOCK look at the value it is also down. Every thing has to cost more, so hang onto you wallet...
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JPGKC
Champion Author
Tampa
Posts:3,391
Points:613,700
Joined:Sep 2006
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Message Posted:
10/11/2008 9:29:13 AM
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They are just rolling the dice, they have NO idea.
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DarthDadJr
All-Star Author
Virginia
Posts:595
Points:122,720
Joined:Jul 2008
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Message Posted:
10/11/2008 9:24:13 AM
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Boy, the talk I heard last night...all the oil analysts are now saying oil could drop all the way down to $20 -- unbelievable -- in July, they were all saying it would go over $200. DO THESE PEOPLE KNOW WHAT THEY ARE TALKING ABOUT!
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gasie1
Champion Author
Maine
Posts:2,225
Points:987,260
Joined:Nov 2005
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Message Posted:
10/11/2008 9:23:03 AM
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Keep on falling.
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Zygnatz
Champion Author
British Columbia
Posts:5,213
Points:1,022,905
Joined:Oct 2005
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Message Posted:
10/11/2008 9:19:56 AM
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Wake me up when it gets to $50.00
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DooDaa
Champion Author
Massachusetts
Posts:3,761
Points:810,090
Joined:Dec 2004
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Message Posted:
10/11/2008 9:15:16 AM
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Who would have believed it 6 months ago..
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Takmygas
Champion Author
Indianapolis
Posts:2,162
Points:297,095
Joined:Dec 2007
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Message Posted:
10/11/2008 9:13:26 AM
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not low enough for us, here dat.
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21597
All-Star Author
Colorado
Posts:899
Points:254,065
Joined:Sep 2005
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Message Posted:
10/11/2008 9:10:48 AM
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A person still needs to cut consumption, after all that is where the real dollar savings are
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Lonewolftx
Champion Author
Houston
Posts:5,956
Points:1,170,560
Joined:Sep 2005
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Message Posted:
10/11/2008 9:10:19 AM
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How nice for us . . .
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bdrviper
Champion Author
Grand Rapids
Posts:1,226
Points:757,960
Joined:May 2006
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Message Posted:
10/11/2008 9:09:35 AM
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it can keep on going down to $40.00
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irated1
Champion Author
Detroit
Posts:8,111
Points:1,049,010
Joined:Aug 2005
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Message Posted:
10/11/2008 9:09:05 AM
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Gee , almost to last years gouge point !
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zeljko
All-Star Author
Greensboro
Posts:786
Points:357,825
Joined:Sep 2005
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Message Posted:
10/11/2008 9:09:00 AM
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well, we shall see it lower that that in a week or so
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F250CA
Veteran Author
Oakland
Posts:398
Points:159,935
Joined:Mar 2008
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Message Posted:
10/11/2008 9:07:44 AM
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Woo Hoooooo I just made 90 days of posting I can't wait for my new fast blue car
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rockinrog
Champion Author
Ontario
Posts:1,058
Points:724,305
Joined:May 2006
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Message Posted:
10/11/2008 9:06:25 AM
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drop baby drop
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rgb42722
Veteran Author
Kentucky
Posts:355
Points:117,525
Joined:May 2004
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Message Posted:
10/11/2008 9:03:23 AM
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I would like see oil go down even further, but if it does we will to see if OPEC cuts production to make the price rebound.
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ironbox_sara
Champion Author
Albany
Posts:1,854
Points:742,905
Joined:Mar 2006
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Message Posted:
10/11/2008 9:02:47 AM
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$2.99 here now!
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ladybugIL
Veteran Author
Chicago
Posts:289
Points:131,440
Joined:Jul 2008
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Message Posted:
10/11/2008 9:01:29 AM
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When is this panic going to stop?
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cableman31
Champion Author
New York
Posts:1,004
Points:475,165
Joined:May 2004
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Message Posted:
10/11/2008 9:00:55 AM
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I agree with Rochbear.
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Pseudorious
All-Star Author
Philadelphia
Posts:561
Points:239,765
Joined:Sep 2005
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Message Posted:
10/11/2008 8:56:20 AM
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I'm mixed on this.
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tizbowwow
Champion Author
Illinois
Posts:1,253
Points:221,285
Joined:May 2008
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Message Posted:
10/11/2008 8:55:27 AM
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Right on Rochbear
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canescommuter
All-Star Author
Greensboro
Posts:686
Points:171,430
Joined:Feb 2008
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Message Posted:
10/11/2008 8:51:16 AM
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Ground sludge should be priced at $10 a barrel and gas should be no more than $1.50. We have to become less dependent on this manipulated energy source.
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takethe_point
All-Star Author
Omaha
Posts:761
Points:30,635
Joined:Apr 2008
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Message Posted:
10/11/2008 8:51:08 AM
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Can you say Depression.
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RCinNM
Champion Author
New Mexico
Posts:4,706
Points:579,510
Joined:Sep 2005
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Message Posted:
10/11/2008 8:50:33 AM
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Pretty soon, it's going to be worse than the Great Depression. Better have a healthy stock of can goods.
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murphy50
Champion Author
Colorado
Posts:1,427
Points:1,047,385
Joined:May 2004
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Message Posted:
10/11/2008 8:50:29 AM
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That just means Oil was too high this time last year, too.
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dlowe79
All-Star Author
Alabama
Posts:512
Points:72,935
Joined:Sep 2008
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Message Posted:
10/11/2008 8:49:00 AM
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Just hang on big oil is working hard on the next crises to increase costs!
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techque
All-Star Author
St. Louis
Posts:881
Points:987,150
Joined:Apr 2005
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Message Posted:
10/11/2008 8:48:20 AM
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so oil has dropped to last year's price, but gasoline is still significantly higher, and is still driving down the economy, and the housing market, which is fueling the financial and stock markets crisis - aka crash.
welcome to bread lines.
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OilManMO
Rookie Author
Missouri
Posts:76
Points:35,045
Joined:Sep 2008
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Message Posted:
10/11/2008 8:45:23 AM
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I agree it is still now enough. I won't be happy until it get back under $50 a barrel.
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Dennis783
Champion Author
Wisconsin
Posts:5,823
Points:1,166,545
Joined:Sep 2005
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Message Posted:
10/11/2008 8:42:42 AM
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It will go up up up after the election
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Gassaver30
Sophomore Author
Austin
Posts:113
Points:23,200
Joined:Aug 2008
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Message Posted:
10/11/2008 8:42:28 AM
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Well said Rochbear!! I agree
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cheapertvs
Champion Author
Richmond
Posts:2,074
Points:1,166,945
Joined:Jan 2004
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Message Posted:
10/11/2008 8:42:15 AM
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Can you imagine being happy that oil is DOWN below $ 85 per barrel?
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gasman50
Champion Author
Portland
Posts:1,493
Points:859,180
Joined:Nov 2005
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Message Posted:
10/11/2008 8:41:27 AM
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Down baby, down
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Hangnail309
Veteran Author
Manitoba
Posts:305
Points:243,645
Joined:Aug 2006
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Message Posted:
10/11/2008 8:41:14 AM
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Oil is down. Is the pump prices reflecting this new reality?
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eye-spy
Veteran Author
Quebec
Posts:306
Points:955,445
Joined:Feb 2005
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Message Posted:
10/11/2008 8:40:05 AM
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Oil is down and still going down but we must continue to conserve otherwise we will be back where we were this past summer.($147 per barrel)
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takethe_point
All-Star Author
Omaha
Posts:761
Points:30,635
Joined:Apr 2008
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Message Posted:
10/11/2008 8:40:03 AM
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Nice. Now let big oil drink in drown in there own oil.
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TeachR06
Champion Author
Raleigh
Posts:1,214
Points:520,710
Joined:Sep 2006
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Message Posted:
10/11/2008 8:37:47 AM
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$3 still isn't cheap. but I agree that we need to make sure we don't go crazy with SUVs and other over buying.
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miatabill
Champion Author
St. Louis
Posts:2,069
Points:176,930
Joined:Mar 2003
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Message Posted:
10/11/2008 8:37:12 AM
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Just think about all the poor middle-easterners...where will their next meal come from?
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billy44bo
Champion Author
Mobile
Posts:1,632
Points:294,240
Joined:Feb 2008
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Message Posted:
10/11/2008 8:36:11 AM
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wish gas would fall as fast as my 401k has
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LaCajunDJ
Veteran Author
Louisiana
Posts:473
Points:108,285
Joined:Jul 2008
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Message Posted:
10/11/2008 8:35:47 AM
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Still not low enough! Keep dropping!
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RochBear
Champion Author
Minnesota
Posts:1,918
Points:537,885
Joined:May 2006
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Message Posted:
10/11/2008 8:34:46 AM
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I certainly hope this cheap oil (again) does not bring back poor driving habits, SUVs, and other wasteful consumption.
I would like to take this time to develop alternatives, and work the kinks out of them.
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ArboretumCop
Champion Author
Richmond
Posts:1,510
Points:1,058,610
Joined:Sep 2005
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Message Posted:
10/11/2008 8:31:53 AM
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'Cause the futures traders have figured out we consumers will have very little money to puchase anything, including their overpriced fuel. I hope they are eating large losses!
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CSharpGuy
Champion Author
Colorado Springs
Posts:1,520
Points:325,155
Joined:Jan 2008
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Message Posted:
10/11/2008 8:30:24 AM
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This is the silver lining to the stock market plunge.
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brutus
Champion Author
Alberta
Posts:1,989
Points:983,370
Joined:Feb 2003
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Message Posted:
10/11/2008 8:29:49 AM
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Long overdue.
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Gas_Buzzer
Champion Author
South Carolina
Posts:6,679
Points:1,147,725
Joined:Sep 2005
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Message Posted:
10/11/2008 8:27:53 AM
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Rumors are that it will be below $50 by year end.
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