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Fuel prices may moderate
In article ,
says... On Fri, 06 May 2011 16:55:20 -0400, Percy wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, jps wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. It was only 10 or 11 years ago. I paid $4.30 for gas today... I don't see anything coming down, any time soon... -- Team Rowdy Mouse, Banned from the Mall for life! |
Fuel prices may moderate
I_am_Tosk wrote:
In , says... On Fri, 06 May 2011 16:55:20 -0400, wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. It was only 10 or 11 years ago. I paid $4.30 for gas today... I don't see anything coming down, any time soon... I paid $2.97 something for 23 gallons today. It really must suck to be you. That was at Shell, with a dollar a gallon discount courtesy of shopping at the supermarket. |
Fuel prices may moderate
On Fri, 06 May 2011 17:56:36 -0400, Wayne B
wrote: On Fri, 06 May 2011 16:47:19 -0400, wrote: The open question is how much of his is real market forces and how much is just speculation. The speculation part can swing fairly wildly but the market component is going to be fairly predictable. We can't ignore the number of cars the Chinese and the Indians are putting on the road every year. Speculation (buying inventory forward) is largely limited by storage capacity. Once the tank farms approach full capacity, storage rates start going up and it becomes increasingly expensive and risky. Same thing with the threat of rising interest rates or increased margin requirements. The real story is that the Saudi oil fields are pumping at close to max capacity even though they will not publicly admit it. The fun will start when it becomes obvious to everyone that the Saudis can no longer pick up the pace to meet demand peaks, It's a good argument for fuel efficiency and as many alternatives to oil as we can find. |
Fuel prices may moderate
wrote in message ... On Fri, 06 May 2011 17:58:53 -0400, Wayne B wrote: On Fri, 06 May 2011 16:55:20 -0400, Percy wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, jps wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. It was only 10 or 11 years ago. I remember when they stopped the gas lines by removing price controls and letting it leap up to 55 cents, the same as a pack of Marlboros. *********************** I can remember when it was 49 cents for an imperial gallon..... At the time, I was working part time at a Toronto gas station while attending a technical school in 1968/69. |
Fuel prices may moderate
wf3h wrote:
On Thu, 05 May 2011 22:05:27 -0700, wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. the right would never permit it. as long as it benefits the rich they're in favor of it Sure, Bob, that's it. |
Fuel prices may moderate
True North wrote:
wrote in message ... On Fri, 06 May 2011 17:58:53 -0400, Wayne B wrote: On Fri, 06 May 2011 16:55:20 -0400, Percy wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, jps wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. It was only 10 or 11 years ago. I remember when they stopped the gas lines by removing price controls and letting it leap up to 55 cents, the same as a pack of Marlboros. *********************** I can remember when it was 49 cents for an imperial gallon..... At the time, I was working part time at a Toronto gas station while attending a technical school in 1968/69. See how that turned out for you? |
Fuel prices may moderate
On May 6, 5:27*pm, Harryk wrote:
I_am_Tosk wrote: In , says... On Fri, 06 May 2011 16:55:20 -0400, *wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. * It was only 10 or 11 years ago. I paid $4.30 for gas today... I don't see anything coming down, any time soon... I paid $2.97 something for 23 gallons today. It really must suck to be you. That was at Shell, with a dollar a gallon discount courtesy of shopping at the supermarket.- Hide quoted text - - Show quoted text - Hey Krausie, shame on you talking about sucking. By the way that reminds me, how's the "much younger" Dr-Dr-Dr? Any improvement you can share with us since your last report of difficulty? You know, in the bedroom department? |
Fuel prices may moderate
In article ,
says... I_am_Tosk wrote: In , says... On Fri, 06 May 2011 16:55:20 -0400, wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. It was only 10 or 11 years ago. I paid $4.30 for gas today... I don't see anything coming down, any time soon... I paid $2.97 something for 23 gallons today. It really must suck to be you. That was at Shell, with a dollar a gallon discount courtesy of shopping at the supermarket. Bull****. That's 10 cents a gallon discount. You are a ****ing liar of you say you get a dollar a gallon off. |
Fuel prices may moderate
On 5/7/11 9:13 AM, Hairy Kraut wrote:
In , says... I_am_Tosk wrote: In , says... On Fri, 06 May 2011 16:55:20 -0400, wrote: On Fri, 06 May 2011 12:12:00 -0700, sent the following message On Fri, 06 May 2011 15:01:41 -0400, wrote: On Fri, 06 May 2011 11:44:40 -0700, wrote: On Fri, 06 May 2011 13:54:21 -0400, wrote: On Fri, 06 May 2011 10:09:12 -0700, wrote: On Fri, 06 May 2011 01:59:04 -0400, wrote: On Thu, 05 May 2011 22:05:27 -0700, wrote: Oil took a 10% dive today as speculators started selling off positions out of fear the top price has been seen. These speculators should have to pay a huge tax on their profits since they're causing so many Americans to pay inflated prices at the pump and causing inflation in every sector of retail. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the months-long climb in energy prices may have hit a ceiling. Crude oil plunged 10 percent as startled investors unloaded their positions and a weeklong decline accelerated into an outright freefall. The price of U.S. crude went from triple digits to double digits, falling below $100 after opening at close to $110. Brent crude, a European benchmark, lost $12 at one point in a sell-off that exceeded the one following Lehman Brothers' collapse, Reuters reported. An oil correction is underway, experts said, as the price is moving toward what fundamental economic factors dictate it should be. For the American consumer, plagued by weeks of rising energy prices that have begun to weigh heavily on the economy, a bit of respite may be at hand. You know the old adage, gas prices go up like a rocket and fall like a feather Yes, I also know the story about Chicken Littlle Having nothing to do with what we are talking about. It is a fact that gas prices go up with oil prices but they lag the fall of oil prices by several weeks or even months. If oil dropped to $60 tomorrow, gasoline might not reflect that for a month or more. Chicken Little was afraid of the sky falling. Right wing nuts are convinced the world is ending and rising oil prices are supposedly an example. Totally appropriate comment. ` The world isn't ending, but we are losing value in the dollar and that shows up in oil or anything else we import. You can live in denial if you like. Yet the price of oil is dropping... I guess my denial is working. Let me know when you get the gas prices down to two bucks. Thanks a bunch I can remember when we considered $2 gas to be expensive. It was only 10 or 11 years ago. I paid $4.30 for gas today... I don't see anything coming down, any time soon... I paid $2.97 something for 23 gallons today. It really must suck to be you. That was at Shell, with a dollar a gallon discount courtesy of shopping at the supermarket. Bull****. That's 10 cents a gallon discount. You are a ****ing liar of you say you get a dollar a gallon off. LOL, It is obvious that Harry Krause is losing it. You know he didn't want to make such a blatant mistake, but his mind is slipping big time. He read somewhere about a discount, but he couldn't remember the amount, so he guessed it was a $1 off |
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