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YukonBound YukonBound is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 1,865
Default oil ooozing up and price coming down.



"YukonBound" wrote in message
...
In article ,
says...

"Califbill" wrote in message
m...


wrote in message
...
On Mon, 7 Jun 2010 12:37:05 -0700 (PDT), Tim
wrote:

Soemthign doesn't make sense to me. with all the 'bubblin' crude
threatening the gulf of mexico, the price of oil sems to be dropping
instead of ging higher. over what, 33million gallons of crude wasted
in the water not counting multi billions in damages, you'd think that
those millions of gallons of oil being lost out of the world market
would cause a rise in price, but it seems the oposite. over the
weekend there was an approx. $3.50 drop in crude.
Same way as when the Alaskan pipeline was closed.

I like the lower pricing for everyne involved especially when I take
the boat[s] out, but something is really wierd about the supposed
'price and demand' theory.


What gives?


It is just signalling a slowdown in the economy.
The folks in that area north of Atlanta where we were, were
complaining that the season was starting out slow for them and I know
things were slower than normal at Busch Gardens the week after school
let out. I suspect dad is either not working, working for less money
or can't afford to take time off.
I was really surprised at the lack of boat traffic in the Clearwater
Pass Inlet Saturday. Usually that is very busy.


I am planning a trip to Northern Vancouver Island this summer. The
guides
are crying the blues. their long time customers seem to be booking,
but
no fresh faces. Happy to see a person from out of the area helping
their
economy.


Yeah....well they haven't met you yet!


Spoofer alert! Everyone knows I'm just a burden on our economy, I'm a
retired public servant after all, and my son just lies around getting
hammered.



Give it a rest Looney.