thomas41546
Champion Author
Pennsylvania
Posts:1,757
Points:802,765
Joined:Oct 2005
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Message Posted:
10/11/2008 7:03:42 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:194
Points:5,850
Joined:Sep 2008
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Message Posted:
10/11/2008 1:18:20 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
All-Star Author
Gary
Posts:912
Points:387,000
Joined:May 2007
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Message Posted:
10/11/2008 1:14:14 PM
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closed at 77-78 yesterday.
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bbreff
Champion Author
Atlanta
Posts:2,135
Points:1,038,140
Joined:Jun 2005
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Message Posted:
10/11/2008 12:46:04 PM
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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:2,060
Points:425,850
Joined:Jun 2007
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Message Posted:
10/11/2008 11:45:34 AM
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Tough!
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adslguru
Champion Author
Florida
Posts:1,032
Points:77,050
Joined:Sep 2008
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Message Posted:
10/11/2008 11:15:43 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
Sophomore Author
Cincinnati
Posts:217
Points:135,420
Joined:Jul 2006
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Message Posted:
10/11/2008 10:32:41 AM
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it's about time
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Don20
Champion Author
Oklahoma City
Posts:1,597
Points:1,027,620
Joined:Mar 2005
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Message Posted:
10/11/2008 10:29:28 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:3,229
Points:584,925
Joined:Sep 2006
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Message Posted:
10/11/2008 10:29:13 AM
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They are just rolling the dice, they have NO idea.
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DarthDadJr
Veteran Author
Virginia
Posts:478
Points:99,155
Joined:Jul 2008
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Message Posted:
10/11/2008 10:24:13 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:2,107
Points:964,535
Joined:Nov 2005
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Message Posted:
10/11/2008 10:23:03 AM
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Keep on falling.
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Zygnatz
Champion Author
British Columbia
Posts:5,052
Points:991,205
Joined:Oct 2005
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Message Posted:
10/11/2008 10:19:56 AM
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Wake me up when it gets to $50.00
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DooDaa
Champion Author
Massachusetts
Posts:3,635
Points:791,215
Joined:Dec 2004
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Message Posted:
10/11/2008 10:15:16 AM
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Who would have believed it 6 months ago..
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Takmygas
Champion Author
Indianapolis
Posts:2,091
Points:287,855
Joined:Dec 2007
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Message Posted:
10/11/2008 10:13:26 AM
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not low enough for us, here dat.
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21597
All-Star Author
Colorado
Posts:709
Points:222,065
Joined:Sep 2005
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Message Posted:
10/11/2008 10:10:48 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:5,788
Points:1,138,860
Joined:Sep 2005
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Message Posted:
10/11/2008 10:10:19 AM
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How nice for us . . .
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bdrviper
Champion Author
Grand Rapids
Posts:1,061
Points:725,285
Joined:May 2006
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Message Posted:
10/11/2008 10:09:35 AM
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it can keep on going down to $40.00
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irated1
Champion Author
Detroit
Posts:7,896
Points:1,017,370
Joined:Aug 2005
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Message Posted:
10/11/2008 10:09:05 AM
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Gee , almost to last years gouge point !
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zeljko
All-Star Author
Greensboro
Posts:786
Points:335,775
Joined:Sep 2005
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Message Posted:
10/11/2008 10:09:00 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:158,560
Joined:Mar 2008
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Message Posted:
10/11/2008 10:07:44 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
All-Star Author
Ontario
Posts:903
Points:693,580
Joined:May 2006
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Message Posted:
10/11/2008 10:06:25 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 10:03:23 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:1,684
Points:711,730
Joined:Mar 2006
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Message Posted:
10/11/2008 10:02:47 AM
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$2.99 here now!
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ladybugIL
Veteran Author
Chicago
Posts:256
Points:111,155
Joined:Jul 2008
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Message Posted:
10/11/2008 10:01:29 AM
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When is this panic going to stop?
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cableman31
All-Star Author
New York
Posts:837
Points:443,505
Joined:May 2004
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Message Posted:
10/11/2008 10:00:55 AM
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I agree with Rochbear.
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Pseudorious
All-Star Author
Philadelphia
Posts:504
Points:227,600
Joined:Sep 2005
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Message Posted:
10/11/2008 9:56:20 AM
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I'm mixed on this.
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tizbowwow
Champion Author
Illinois
Posts:1,085
Points:190,335
Joined:May 2008
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Message Posted:
10/11/2008 9:55:27 AM
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Right on Rochbear
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canescommuter
All-Star Author
Greensboro
Posts:677
Points:162,200
Joined:Feb 2008
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Message Posted:
10/11/2008 9:51:16 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:737
Points:28,480
Joined:Apr 2008
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Message Posted:
10/11/2008 9:51:08 AM
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Can you say Depression.
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RCinNM
Champion Author
New Mexico
Posts:4,556
Points:551,710
Joined:Sep 2005
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Message Posted:
10/11/2008 9:50:33 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:1,260
Points:1,014,910
Joined:May 2004
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Message Posted:
10/11/2008 9:50:29 AM
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That just means Oil was too high this time last year, too.
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dlowe79
Veteran Author
Alabama
Posts:377
Points:60,965
Joined:Sep 2008
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Message Posted:
10/11/2008 9:49:00 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:724
Points:963,800
Joined:Apr 2005
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Message Posted:
10/11/2008 9:48:20 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:62
Points:32,890
Joined:Sep 2008
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Message Posted:
10/11/2008 9:45:23 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:5,673
Points:1,136,795
Joined:Sep 2005
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Message Posted:
10/11/2008 9:42:42 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:22,300
Joined:Aug 2008
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Message Posted:
10/11/2008 9:42:28 AM
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Well said Rochbear!! I agree
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cheapertvs
Champion Author
Richmond
Posts:1,900
Points:1,135,245
Joined:Jan 2004
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Message Posted:
10/11/2008 9:42:15 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:1,372
Points:833,255
Joined:Nov 2005
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Message Posted:
10/11/2008 9:41:27 AM
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Down baby, down
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Hangnail309
Veteran Author
Manitoba
Posts:274
Points:214,525
Joined:Aug 2006
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Message Posted:
10/11/2008 9:41:14 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:276
Points:927,495
Joined:Feb 2005
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Message Posted:
10/11/2008 9:40:05 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:737
Points:28,480
Joined:Apr 2008
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Message Posted:
10/11/2008 9:40:03 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:1,078
Points:493,885
Joined:Sep 2006
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Message Posted:
10/11/2008 9:37:47 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:1,997
Points:171,795
Joined:Mar 2003
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Message Posted:
10/11/2008 9:37:12 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:1,473
Points:266,520
Joined:Feb 2008
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Message Posted:
10/11/2008 9:36:11 AM
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wish gas would fall as fast as my 401k has
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LaCajunDJ
Veteran Author
Louisiana
Posts:424
Points:97,180
Joined:Jul 2008
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Message Posted:
10/11/2008 9:35:47 AM
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Still not low enough! Keep dropping!
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RochBear
Champion Author
Minnesota
Posts:1,784
Points:511,550
Joined:May 2006
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Message Posted:
10/11/2008 9:34:46 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:1,337
Points:1,026,910
Joined:Sep 2005
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Message Posted:
10/11/2008 9:31:53 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:1,351
Points:293,455
Joined:Jan 2008
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Message Posted:
10/11/2008 9:30:24 AM
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This is the silver lining to the stock market plunge.
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brutus
Champion Author
Alberta
Posts:1,828
Points:951,130
Joined:Feb 2003
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Message Posted:
10/11/2008 9:29:49 AM
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Long overdue.
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Gas_Buzzer
Champion Author
South Carolina
Posts:6,534
Points:1,119,175
Joined:Sep 2005
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Message Posted:
10/11/2008 9:27:53 AM
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Rumors are that it will be below $50 by year end.
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