91Acclaim
Veteran Author
Maryland
Posts:425
Points:87,735
Joined:Aug 2008
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Message Posted:
10/16/2008 10:02:13 AM
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Money and greed.....
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C4U
Champion Author
Salt Lake City
Posts:1,037
Points:185,305
Joined:May 2008
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Message Posted:
10/16/2008 8:13:49 AM
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The whirlpool has started and is sucking everything up as it now moves global. Its going to take a lot of the very wealthy to solve this problem. They will need to start spending there wealth instead of hoarding it.
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MajorSteve
All-Star Author
Oklahoma City
Posts:564
Points:250,995
Joined:Sep 2006
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Message Posted:
10/16/2008 8:12:16 AM
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The price of diesel needs to be at the same price as gasoline! We are being gouged!
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ramshot412
Champion Author
Riverside
Posts:12,062
Points:1,208,555
Joined:Apr 2004
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Message Posted:
10/16/2008 7:56:25 AM
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It mentions crude oil prices related to prices in September 2007. So what's wrong with that?
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KrazyDawg
Champion Author
California
Posts:1,847
Points:311,690
Joined:Aug 2007
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Message Posted:
10/16/2008 7:50:24 AM
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Is there something wrong with this article? September 2007?
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Jacks45
Champion Author
Michigan
Posts:2,238
Points:451,625
Joined:Jul 2007
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Message Posted:
10/16/2008 7:50:05 AM
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needs to drop to about 50 a barrel.
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MidKyman
Rookie Author
Lexington
Posts:12
Points:1,140
Joined:Sep 2008
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Message Posted:
10/16/2008 7:49:48 AM
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A barrel of gas has dropped half in the last few days. But the gallon of gas has not dropped to what it should be. when gas was $147 a barrel and a gallon was $4 now that its $74 a barrel should it be about $2 a gallon? we are paying $2.80 - $3.19. So who making profits? I think the oil companies have helped us in the mess that we are in. We still need to watch our consumption.
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Lizzylou
Champion Author
Stockton
Posts:1,512
Points:896,670
Joined:Oct 2005
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Message Posted:
10/16/2008 7:49:14 AM
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It was up yesterday in the $80's but back down to today to $75.00.
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The_WaTchR
Champion Author
Georgia
Posts:1,126
Points:463,305
Joined:Jul 2005
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Message Posted:
10/16/2008 7:49:02 AM
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Now, who would have imagined that?
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fairchildd
All-Star Author
Kansas City
Posts:937
Points:377,065
Joined:Aug 2007
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Message Posted:
10/16/2008 7:46:24 AM
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keep it dropping - hopefully we'll keep using our efficient fuel vehicles
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laddyboy62
Champion Author
Riverside
Posts:1,651
Points:1,008,185
Joined:Mar 2005
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Message Posted:
10/16/2008 7:44:43 AM
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are we are doomed to repeat our bad ways..
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w4kh
Champion Author
Riverside
Posts:3,730
Points:654,795
Joined:May 2004
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Message Posted:
10/16/2008 7:40:35 AM
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We remain addicted to oil... the signs are everywhere - people who howled and squawked about high gasoline prices are back driving fast, racing away from stops (usually in a 4x4 crew cab pickup or an 4x4 SUV neither of which ever has, nor ever will see dirt or mud) and wasting enough gas on my commuting route to keep me going for a week!
We can point fingers at OPEC and the Middle East, but WE are the ones ADDICTED TO OIL who let it happen!
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pbot
Rookie Author
Cleveland
Posts:38
Points:7,595
Joined:May 2008
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Message Posted:
10/16/2008 7:39:23 AM
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demand is falling
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NavyEOD
Champion Author
Los Angeles
Posts:2,031
Points:445,240
Joined:Jul 2007
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Message Posted:
10/16/2008 7:38:52 AM
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Let it keep dropping.
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ElCap
Veteran Author
El Paso
Posts:398
Points:327,195
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Message Posted:
10/16/2008 7:32:34 AM
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Its too late and the arabs pushed the world economy over the edge with their greed!
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GaryG7
Champion Author
New Jersey
Posts:5,606
Points:1,103,675
Joined:Aug 2005
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Message Posted:
10/16/2008 7:28:43 AM
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Almost sounds like a recession would be a good thing.
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ss70
Champion Author
Detroit
Posts:3,105
Points:744,360
Joined:Sep 2005
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Message Posted:
10/16/2008 7:23:07 AM
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NO DEMAND AT ALL
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RBimpreza
All-Star Author
San Diego
Posts:829
Points:189,405
Joined:Mar 2008
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Message Posted:
10/16/2008 7:22:45 AM
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hope it stays down
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drillbabydrill2008
Rookie Author
Orlando
Posts:2
Points:415
Joined:Oct 2008
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Message Posted:
10/16/2008 7:21:08 AM
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how about a bicycle? it is gas free...
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SeerLV
All-Star Author
Las Vegas
Posts:597
Points:143,915
Joined:Jun 2008
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Message Posted:
10/16/2008 7:20:21 AM
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Oil needs to drop more.
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Egaser
Veteran Author
Atlanta
Posts:425
Points:170,660
Joined:Apr 2006
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Message Posted:
10/16/2008 7:20:20 AM
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OPEC is not stupid,but they are going to make as much as they can.When all the countries start using alternative fuels they will lose a lot of cash flow.
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REVLAW
Champion Author
San Antonio
Posts:2,170
Points:409,635
Joined:Jul 2007
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Message Posted:
10/16/2008 7:20:18 AM
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"forecast" = best guess. No one really knows, do they.
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tigeriz
Veteran Author
Maine
Posts:302
Points:73,145
Joined:Aug 2008
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Message Posted:
10/16/2008 7:19:48 AM
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Keep on droppin!!!!!
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bruinsfanON
Veteran Author
London
Posts:425
Points:30,555
Joined:Aug 2008
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Message Posted:
10/16/2008 7:18:46 AM
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wow
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bicycler
Champion Author
Ontario
Posts:6,285
Points:1,131,345
Joined:May 2005
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Message Posted:
10/16/2008 7:18:37 AM
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I get the feeling that there is more panic in the financial at the price of oil is going down than when it was going down. The "pundits" may lose more money that way, not worrying about the consumer.
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TheBarefootClub
Rookie Author
New York
Posts:45
Points:27,100
Joined:Nov 2006
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Message Posted:
10/16/2008 7:18:33 AM
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They dont hate us, they just love our $$$$
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mrgots2000
All-Star Author
New York
Posts:500
Points:60,050
Joined:May 2007
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Message Posted:
10/16/2008 7:18:32 AM
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These bastards are killing me...
"An Iraqi official says Iraq believes that the $100 a barrel is a "fair and acceptable" oil price for both producers and consumers."
don't they realize we are suffering a global financial crisis, even the chinese are trying to do their part to help.
"fair and acceptable" to consumers, according to consumer demand, it says otherwise.
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DVDKING
Rookie Author
Charlotte
Posts:44
Points:18,210
Joined:Aug 2008
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Message Posted:
10/16/2008 7:18:18 AM
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dont worry if you miss $147 dollar barrels youll get them again soon enough like next summer
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gasguy555
All-Star Author
Gary
Posts:641
Points:122,135
Joined:Jul 2008
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Message Posted:
10/16/2008 7:14:54 AM
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OPEC hates us! Its simple. Time to start mass producing electric and natural gas vehicles.
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hank1326
All-Star Author
Los Angeles
Posts:580
Points:140,580
Joined:Jun 2008
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Message Posted:
10/16/2008 7:14:09 AM
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Ditto to hblee. OPEC will do anything for boost their profit and hurt our economy.
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cmukid87
Sophomore Author
Michigan
Posts:168
Points:52,660
Joined:Aug 2008
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Message Posted:
10/16/2008 7:13:45 AM
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It seems like so much longer than just over a year for oil to be higher than $75. It seems like gas prices have been high for a couple years
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frede2
Champion Author
Texas
Posts:3,565
Points:775,335
Joined:May 2005
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Message Posted:
10/16/2008 7:13:16 AM
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Yeah, sure, I'm from FEMA and I'm here to help ya.......
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mattf373
All-Star Author
Atlanta
Posts:616
Points:118,470
Joined:Mar 2003
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Message Posted:
10/16/2008 7:12:33 AM
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crazy
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hblee
Veteran Author
Ontario
Posts:411
Points:255,735
Joined:May 2004
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Message Posted:
10/16/2008 7:11:32 AM
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Just waiting for OPEC to lower production to boost the price of oil.
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china211
Veteran Author
Long Island
Posts:497
Points:84,400
Joined:May 2008
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Message Posted:
10/16/2008 7:11:31 AM
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SAY NO TO SUV'S!!! SAY YES TO OFFSHORE DRILLING AND FINDING BETTER THINGS TO RUN OUR CARS ON!!!!!!
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GooseMI
Champion Author
Grand Rapids
Posts:1,778
Points:395,440
Joined:Sep 2007
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Message Posted:
10/16/2008 7:10:44 AM
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Price will rise when demand has returned.
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spheremaker1
Veteran Author
Arizona
Posts:408
Points:367,070
Joined:May 2006
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Message Posted:
10/16/2008 7:10:33 AM
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we had a saying when I had to work... reaction, overreaction.. so I will
guess that crude will actually drop more than justified..then recover.
and, yep, the execs are WAY overpaid...that started with the sport 'STARS'
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Kthyme
Champion Author
Fort Worth
Posts:2,749
Points:890,240
Joined:Apr 2006
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Message Posted:
10/16/2008 7:10:26 AM
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Oil hasn't dropped enough...
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Lukus
Veteran Author
Halifax
Posts:359
Points:87,585
Joined:Nov 2007
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Message Posted:
10/16/2008 7:10:05 AM
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Cry oil companies, Cry.
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wizzard3040
Veteran Author
St. Louis
Posts:460
Points:182,475
Joined:May 2008
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Message Posted:
10/16/2008 7:06:06 AM
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Just LOOK @ ANY CORP. EXEC...excessive pay and perks!
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amacquarrie
Veteran Author
Nevada
Posts:363
Points:84,035
Joined:Jun 2008
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Message Posted:
10/16/2008 7:05:15 AM
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time will tell
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CoronaKid
Champion Author
Riverside
Posts:6,583
Points:1,132,400
Joined:Mar 2005
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Message Posted:
10/16/2008 7:03:03 AM
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If you have a job, gas is too expensive.
If you don't have a job, gas is cheap.
Does anyone see something wrong with this picture?
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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:
10/16/2008 7:02:23 AM
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My guess is that time will tell us what the future brings.. May not be good but we have to live with it, on account of some else bad management. (and make million). They should turn in all the big fat bonus to help pay the bill.
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techque
All-Star Author
St. Louis
Posts:724
Points:963,800
Joined:Apr 2005
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Message Posted:
10/16/2008 6:59:51 AM
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the petroterrorists have killed our economy. now they're whining about what's gone around coming around.
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AnObserver
Champion Author
New Jersey
Posts:1,674
Points:872,190
Joined:Sep 2005
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Message Posted:
10/16/2008 6:57:08 AM
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A sinking economy suppresses demand
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ar_kayaker
Sophomore Author
Arkansas
Posts:117
Points:27,515
Joined:Oct 2008
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Message Posted:
10/16/2008 6:54:42 AM
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I wonder if they bother to factor in that the decline in demand might, just maybe, have something to do with people wanting to become independant of Big Oil and the little O-Peckers rather than just an economic issue.
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docwilly
All-Star Author
Scranton
Posts:533
Points:102,065
Joined:Feb 2008
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Message Posted:
10/16/2008 6:53:34 AM
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probably bottom out at 2.50 gal.
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wizzard1222
Veteran Author
St. Louis
Posts:463
Points:717,850
Joined:Mar 2006
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Message Posted:
10/16/2008 6:53:06 AM
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Oil prices fell to a 14-month low Thursday
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Sealer
Champion Author
Charleston
Posts:2,773
Points:313,955
Joined:Jan 2008
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Message Posted:
10/16/2008 6:48:34 AM
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I suspect oil prices are near the bottom.
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Somis1
Champion Author
Ventura
Posts:4,972
Points:1,072,325
Joined:Jul 2005
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Message Posted:
10/16/2008 6:48:08 AM
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We may well see it below $50 in the not-too-distant future.
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