On Jun 8, 8:30*am, Wayne.B wrote:
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.

Hey Wayne. When you make it back to Florida is you're boat going to
get a fresh undercoating?

We don't want that baby to rust in all that salt water, y'know...


?;^ Q

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.

"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.

On Tue, 8 Jun 2010 07:10:20 -0700 (PDT), Tim
wrote:

Hey Wayne. When you make it back to Florida is you're boat going to
get a fresh undercoating?

We don't want that baby to rust in all that salt water, y'know...

Heh, no worries there, very few rust issues with fiberglass and we're
only one year into a multi-year (hopefully) bottom job. I was under
the boat recently to replace a shaft zinc and the anti-fouling paint
seems to be doing well.

In article ,
says...

"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.

Who is "Looney", spoofer?

"Canuck57" wrote in message
news
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.

You're claiming oil prices are purely supply and demand??? Do you really
believe this? Never heard of OPEC I guess.

"Canuck57" wrote in message
...
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.

You are just stupid.

"Wayne.B" 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?

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.

Wayne... Canuck doesn't understand "futures market," so perhaps you should
tell him again.

On 6/8/2010 1:29 PM, nom=de=plume wrote:

"Canuck57" wrote in message
...
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.

You are just stupid.


You are full of surprises. Never in a million years could I imagine you
coming out with such a brilliant statement. Well done. Cheers. Kudos. SNERK
If assholes were gold, you'd be rich.

Ta Ta

"Jeddadiah Smith" wrote in message
...
On 6/8/2010 1:29 PM, nom=de=plume wrote:

"Canuck57" wrote in message
...
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.

You are just stupid.


You are full of surprises. Never in a million years could I imagine you
coming out with such a brilliant statement. Well done. Cheers. Kudos.
SNERK
If assholes were gold, you'd be rich.

Ta Ta

"Ta Ta" doubtful. You can't help yourself.