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?

"Tim" wrote in message
...
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's a speculative market. The price isn't simply about supply vs. demand.

On 6/7/2010 5:20 PM, wrote:
On Mon, 7 Jun 2010 12:37:05 -0700 (PDT),
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.

The opressive heat and humidity might have had something to do with Sat.
being an off day. We took a bike ride to St. Pete pier but other than
that pretty much stayed in our little pup tent.

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.

"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!

On 07/06/2010 1:37 PM, 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?

Economony is double dipping on the down size. The price of oil is a
good indicator of how well the economy is doing, $80 barrel is a super
mild basis sustaining economy. That we are going back into the
depression deeper than before.

People don't buy stuff, less trucks and travel develops some slack in
the supply chain dropping prices.

I have been using it as an indicator for years and it is 100% more
accurate than big mouth politicians that could not tell the truth if
their life depended on it.

--
Liberalism - a disease of envy, greed, entitlement and KAOS.

On 07/06/2010 3:05 PM, nom=de=plume wrote:

"Tim" wrote in message
...
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's a speculative market. The price isn't simply about supply vs. demand.

Only to you because you don't understand it. But that you think you do,
well, your arrogance shines. Have another donut.

--
Liberalism - a disease of envy, greed, entitlement and KAOS.

On 07/06/2010 3:20 PM, wrote:
On Mon, 7 Jun 2010 12:37:05 -0700 (PDT),
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.


On my vacation to BC a few weeks back, it was unusual to be one of the 3
rooms occupied in a 160 room hotel. No line up was great! Road too and
from, dead. I would not buy stock in the Hilton or Mattiot right now.

--
Liberalism - a disease of envy, greed, entitlement and KAOS.

On 08/06/2010 12:04 AM, Califbill wrote:


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.

Be careful and attend your car on the ferry, park in highly visible
areas. A new rage on the island is to key up a out of province plat or
minority. In my case, out of province plates. $150 to polish out.
Real PITA.

But when I was there, tourist traffic was a mere small fraction of what
it normally is. Some places are jacking prices on stiff like gas, not
enough volume I suspect.

We did Parkdale, Comox, Courtney, Qualicom, Alberni area. Didn't come
close to Victoria.

--
Liberalism - a disease of envy, greed, entitlement and KAOS.

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?

There is a big inventory of oil in storage that was bought in the
futures market in the hope that prices would rise. Prices have been
stable to down however because of soft demand/economic turmoil. Now
the inventory has to be worked off to avoid long term storage costs.