PRICE OF CRUDE OIL CLOSES AT $100.01/BARREL TODAY
Posted: Tue Feb 19, 2008 4:25 pm
This is NOT good news. Especially for those of us who have a long drive to work everyday.
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PRICE OF CRUDE OIL CLOSES AT $100.01/BARREL TODAY
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Posted: Tue Feb 19, 2008 4:27 pm
I'm taking my unicycle to work tomorrow.
Posted: Tue Feb 19, 2008 4:37 pm
Just great the pump price went up 20 cents last week already
Posted: Tue Feb 19, 2008 4:39 pm
Funny that when oil jumps so does gas. But, when oil drops $2/barrel, the gas sure doesn't drop - except out of my tank.
Posted: Tue Feb 19, 2008 5:37 pm
remeber the old logic of school. it is alot harder to maintain that A, once you drop it is a heck of alot harder to get that A average back up. Well same goes for Oil, but in reverse order. That sucks!!!!wbmd wrote:Funny that when oil jumps so does gas. But, when oil drops $2/barrel, the gas sure doesn't drop - except out of my tank.
Posted: Tue Feb 19, 2008 8:32 pm
haha, i like the comparison -- too true!!Indians forever wrote:remeber the old logic of school. it is alot harder to maintain that A, once you drop it is a heck of alot harder to get that A average back up. Well same goes for Oil, but in reverse order. That sucks!!!!wbmd wrote:Funny that when oil jumps so does gas. But, when oil drops $2/barrel, the gas sure doesn't drop - except out of my tank.
Posted: Wed Feb 20, 2008 10:48 am
I bet all you clowns that are bitching are driving pick-ups and SUVs that average under 16 miles to the gallon. Time for Americans to wake up and start making logical decisions as it relates to cars and energy. If you want to play, you have to pay.
AY
AY
Posted: Wed Feb 20, 2008 11:17 am
My 54 miles a day are a cause for concern but the immediate problems are the potholes.
Posted: Wed Feb 20, 2008 11:59 am
Yeah it's all just an honest supply/demand situation?? 
http://priceofoil.org/category/big-oil-profits/
http://www.guardian.co.uk/business/2008 ... shell.oil1
http://www.nydailynews.com/money/2008/0 ... ofits.html
http://priceofoil.org/category/big-oil-profits/
http://www.guardian.co.uk/business/2008 ... shell.oil1
http://www.nydailynews.com/money/2008/0 ... ofits.html
Posted: Wed Feb 20, 2008 12:08 pm
Pretty intersting....Can't Never Tried wrote:Yeah it's all just an honest supply/demand situation??
http://priceofoil.org/category/big-oil-profits/
http://www.guardian.co.uk/business/2008 ... shell.oil1
http://www.nydailynews.com/money/2008/0 ... ofits.html
Posted: Wed Feb 20, 2008 12:18 pm
Nope - I get 24 - 28 MPG.AngusYoung wrote:I bet all you clowns that are bitching are driving pick-ups and SUVs that average under 16 miles to the gallon. Time for Americans to wake up and start making logical decisions as it relates to cars and energy. If you want to play, you have to pay.
AY
What is wrong with profit?
Posted: Wed Feb 20, 2008 1:16 pm
When companies make profit, they have jobs for us. When we have jobs, we have money. When we have money, we can buy things,.....like gas.
Companies that make profit, don't ask the government to build them facilities (MN Twins),....probably even build more on their own. Companies that make profit don't layoff workers (Ford),....probaly even hire more. Companies that make profit don't threaten to move their headquarters, or ask for government bailouts (Northwest Airlines).
When companies don't make profit, they lay workers off, laidoff workers collect a small monthly government check for a few weeks. Do laidoff workers have money to buy gas?
P.S. 16 mpg would be awesome!
Companies that make profit, don't ask the government to build them facilities (MN Twins),....probably even build more on their own. Companies that make profit don't layoff workers (Ford),....probaly even hire more. Companies that make profit don't threaten to move their headquarters, or ask for government bailouts (Northwest Airlines).
When companies don't make profit, they lay workers off, laidoff workers collect a small monthly government check for a few weeks. Do laidoff workers have money to buy gas?
P.S. 16 mpg would be awesome!
Re: What is wrong with profit?
Posted: Wed Feb 20, 2008 2:49 pm
I see your point Knowlzee... but we are talking $3 million/hr for Shell here:shock:Knowlzee wrote:When companies make profit, they have jobs for us. When we have jobs, we have money. When we have money, we can buy things,.....like gas.
Companies that make profit, don't ask the government to build them facilities (MN Twins),....probably even build more on their own. Companies that make profit don't layoff workers (Ford),....probaly even hire more. Companies that make profit don't threaten to move their headquarters, or ask for government bailouts (Northwest Airlines).
When companies don't make profit, they lay workers off, laidoff workers collect a small monthly government check for a few weeks. Do laidoff workers have money to buy gas?
P.S. 16 mpg would be awesome!
I'm all for free market, but there is greed in here, if you choose not to look at it that's fine.
I think we all have to move to alternate sources.
But we are being taken advantage of, albeit on our own accord, because we have fallen to an oil economy.
You think Ford and GM's issues aren't related to $3 dollar gasoline?
Posted: Wed Feb 20, 2008 3:06 pm
AngusYoung wrote:I bet all you clowns that are bitching are driving pick-ups and SUVs that average under 16 miles to the gallon. Time for Americans to wake up and start making logical decisions as it relates to cars and energy. If you want to play, you have to pay.
AY
Nope I drive a prius 50-60 mpg 3.00 per gallon is .And yes it time for us americans to wake up and realize that our govt. is screwing us americans.
Posted: Wed Feb 20, 2008 3:14 pm
PASTRAPIDSFAN wrote:AngusYoung wrote:I bet all you clowns that are bitching are driving pick-ups and SUVs that average under 16 miles to the gallon. Time for Americans to wake up and start making logical decisions as it relates to cars and energy. If you want to play, you have to pay.
AY
Nope I drive a prius 50-60 mpg 3.00 per gallon is .And yes it time for us americans to wake up and realize that BUSH is screwing us americans.
Posted: Wed Feb 20, 2008 3:24 pm
Ok I will agree with thatwbmd wrote:PASTRAPIDSFAN wrote:AngusYoung wrote:I bet all you clowns that are bitching are driving pick-ups and SUVs that average under 16 miles to the gallon. Time for Americans to wake up and start making logical decisions as it relates to cars and energy. If you want to play, you have to pay.
AY
Nope I drive a prius 50-60 mpg 3.00 per gallon is .And yes it time for us americans to wake up and realize that BUSH is screwing us americans.
Posted: Wed Feb 20, 2008 3:47 pm
Victims. We are all such victims.
"They" are screwing us. Its always them.
Read this:
http://www.fintrend.com/inflation/image ... _chart.htm
I am goin out to buy a Yukon.
"They" are screwing us. Its always them.
Read this:
http://www.fintrend.com/inflation/image ... _chart.htm
I am goin out to buy a Yukon.
Posted: Wed Feb 20, 2008 4:00 pm
Capt. contrary againpackerboy wrote:Victims. We are all such victims.
"They" are screwing us. Its always them.
Read this:
http://www.fintrend.com/inflation/image ... _chart.htm
I am goin out to buy a Yukon.
GMC Yukon has a hybrid now
Anyway...
So that justifies a doubling in price in three years?
I guess we (our elders and elliott) were all wrong to buy cars that run on gas and oil back when good old Ford got the Assy. line up and going, our buying into the auto industry helped to industrialize this nation.
So now that we're stuck in an infrastructure that is all about the car as the mode of transportation we should not feel as if we're getting fleeced? c'mon PB even you know better then that.
Posted: Wed Feb 20, 2008 4:11 pm
Oh great. CNT wants justification for gas prices.
How about health care and milk and sports tickets.
Is Bush victimizing you there too?
The real problem is gas is too cheap.
How about health care and milk and sports tickets.
Is Bush victimizing you there too?
The real problem is gas is too cheap.
Posted: Wed Feb 20, 2008 4:31 pm
I never said anything about Bush!packerboy wrote:Oh great. CNT wants justification for gas prices.
How about health care and milk and sports tickets.
Is Bush victimizing you there too?
The real problem is gas is too cheap.
Ok, well you probably know better then anyone what drives the cost of health care. Over use and abuse. and that other factor Dr. liability ins.
Sports tickets...I believe you get a poor product for your money IMO, I rarely go to pro sports events most of what I will watch I can see on the tube!
Milk has not kept up IMO and is probably still a value, but show me that Kemps and the farmers that live here and wear overalls and flannel are making 3million/hr like Shell is on oil and I'll listen.
Posted: Wed Feb 20, 2008 4:32 pm
packerboy wrote:Oh great. CNT wants justification for gas prices.
How about health care and milk and sports tickets.
Is Bush victimizing you there too?
The real problem is gas is too cheap.
Gas is far too cheap. The issue is Unions not Bush, the demise of Ford, GM, NWA is union labor.
Greed
Posted: Wed Feb 20, 2008 6:24 pm
The price of spring wheat has gone from about $4 to $15 in the last two years. I bet the greedy farmers that have wheat are selling. Soon they will be throwing away the "overalls and flannels", if they haven't already.
Are we greedy when we sell our house? We build it or buy it for $100,000 dollars,.....live in it for 20 years,......then sell it for $200,000. How greedy is that? And I bet if someone else offered $220,000,.....we'd sell to them instead. Maybe we are all greedy?
"Us Americans" better wake up. Because the government (Bush, of course) is taking a high percentage of money out of every paycheck, whether we like it our not,....whether they need it or not,.....they take it. "Us Americans" don't seem to have a problem with that. And they keep taking more. Who's the greedy one? But "us Americans" get all whipped up about companies that make money, legitimately.
P.S. Hang in there guys, only a few more months, yhen we can blame all the world's problems on,.......President
. 
Are we greedy when we sell our house? We build it or buy it for $100,000 dollars,.....live in it for 20 years,......then sell it for $200,000. How greedy is that? And I bet if someone else offered $220,000,.....we'd sell to them instead. Maybe we are all greedy?
"Us Americans" better wake up. Because the government (Bush, of course) is taking a high percentage of money out of every paycheck, whether we like it our not,....whether they need it or not,.....they take it. "Us Americans" don't seem to have a problem with that. And they keep taking more. Who's the greedy one? But "us Americans" get all whipped up about companies that make money, legitimately.
P.S. Hang in there guys, only a few more months, yhen we can blame all the world's problems on,.......President
. Posted: Thu Feb 21, 2008 1:45 am
I see this one lasting a long, long time.
$100/barrel oil
Posted: Thu Feb 21, 2008 9:24 am
ER thinks $100 per barrel will last a "long, long time". Maybe, it may even go down, but probably only for a short time unless us Americans happen to wake up.
What do you think would happen to the price of oil if, us Americans demanded from our fearless leaders in Washington to relax all the silly environmental regulations,......so another refinery could be built,......or a few oil rigs could be added, possibly in that paradise in Alaska referred to as ANWR? Would the price of oil fall, do ya think?
More importantly, we would be keeping $100 per barrel of oil in our own country and economy, rather than send it overseas, to many of the people that don't really like us that much. I wonder if any of that money is being used to support the insurgents our soldiers are battling in Afganistan and Iraq?
Ya, us Americans better wake up.
Maybe, it may even go down, but probably only for a short time unless us Americans happen to wake up.What do you think would happen to the price of oil if, us Americans demanded from our fearless leaders in Washington to relax all the silly environmental regulations,......so another refinery could be built,......or a few oil rigs could be added, possibly in that paradise in Alaska referred to as ANWR? Would the price of oil fall, do ya think?
More importantly, we would be keeping $100 per barrel of oil in our own country and economy, rather than send it overseas, to many of the people that don't really like us that much. I wonder if any of that money is being used to support the insurgents our soldiers are battling in Afganistan and Iraq?
Ya, us Americans better wake up.
Posted: Thu Feb 21, 2008 9:34 am
So its not the prices that bother CNT, its the amount of the profit.
Typical entitlement type thinking from the left coast.
He is shown that gas prices when adjusted for inflation are actually down from 25 years ago but he still has to complain and criticise our great country and its statesman leader, President Bush.
BIAFP is right. Its all the Unions fault. Everything.
But CNT wants to blame it all on the poor attorneys who only want justice for their clients. Shameful.
I say let gas prices soar so we have some incentive for development of alternative energy. This, my fellow US Americans, is the type of change we need. So, get out their and vote for....... well, there really isnt anybody so call Amy Klobochur on her cell phone............. nah, that wont work......post on minnhock and make America strong agian.
Happy days are here again, the sky is almost clear again......................
Typical entitlement type thinking from the left coast.
He is shown that gas prices when adjusted for inflation are actually down from 25 years ago but he still has to complain and criticise our great country and its statesman leader, President Bush.
BIAFP is right. Its all the Unions fault. Everything.
But CNT wants to blame it all on the poor attorneys who only want justice for their clients. Shameful.
I say let gas prices soar so we have some incentive for development of alternative energy. This, my fellow US Americans, is the type of change we need. So, get out their and vote for....... well, there really isnt anybody so call Amy Klobochur on her cell phone............. nah, that wont work......post on minnhock and make America strong agian.
Happy days are here again, the sky is almost clear again......................