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Good news coming to a fuel dock near you?
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) Aug. 29) - Gasoline prices are falling fast and could keep dropping for months. "The only place they have to go is down," says Fred Rozell, gasoline analyst at the Oil Price Information Service (OPIS). "We'll be closer to $2 than $3 come Thanksgiving." Travel organization AAA foresees prices 10 cents a gallon lower by the end of next week. It reported a nationwide average of $2.84 Tuesday, the lowest since April 20. It's good news for consumers and the economy. Continued lower prices "may act like a tax cut" and stimulate spending, says Richard DeKaser, chief economist at National City in Cleveland. He calculates that higher energy prices the first six months cut growth of consumer spending 1 percentage point. The U.S. average for a gallon of regular peaked this year at $3.036 Aug. 10, according to OPIS/AAA daily surveys. That's slightly under the high of $3.057 Sept. 5, a week after Hurricane Katrina battered petroleum production in the Gulf of Mexico and caused fears of fuel shortages. OPIS' Rozell figures prices will jump again next spring. |
Good news coming to a fuel dock near you?
"Chuck Gould" wrote in message ups.com... Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) Aug. 29) - Gasoline prices are falling fast and could keep dropping for months. "The only place they have to go is down," says Fred Rozell, gasoline analyst at the Oil Price Information Service (OPIS). "We'll be closer to $2 than $3 come Thanksgiving." Travel organization AAA foresees prices 10 cents a gallon lower by the end of next week. It reported a nationwide average of $2.84 Tuesday, the lowest since April 20. It's good news for consumers and the economy. Continued lower prices "may act like a tax cut" and stimulate spending, says Richard DeKaser, chief economist at National City in Cleveland. He calculates that higher energy prices the first six months cut growth of consumer spending 1 percentage point. The U.S. average for a gallon of regular peaked this year at $3.036 Aug. 10, according to OPIS/AAA daily surveys. That's slightly under the high of $3.057 Sept. 5, a week after Hurricane Katrina battered petroleum production in the Gulf of Mexico and caused fears of fuel shortages. OPIS' Rozell figures prices will jump again next spring. |
Good news coming to a fuel dock near you?
"Chuck Gould" wrote in message ups.com... Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) Another political post disguised as on topic. How clever Chuck! |
Good news coming to a fuel dock near you?
"Chuck Gould" wrote in message ups.com... Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) http://www.pollkatz.homestead.com/fi...0_image001.gif Could be a very good November. ;-) |
Good news coming to a fuel dock near you?
It's already dropped somewhat around here. $2.67 for cheapo. alot
better than $3.12 NOYB wrote: "Chuck Gould" wrote in message ups.com... Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) http://www.pollkatz.homestead.com/fi...0_image001.gif Could be a very good November. ;-) |
Good news coming to a fuel dock near you?
Just in time for the skiing season.
Sherwin D. Chuck Gould wrote: Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) Aug. 29) - Gasoline prices are falling fast and could keep dropping for months. "The only place they have to go is down," says Fred Rozell, gasoline analyst at the Oil Price Information Service (OPIS). "We'll be closer to $2 than $3 come Thanksgiving." Travel organization AAA foresees prices 10 cents a gallon lower by the end of next week. It reported a nationwide average of $2.84 Tuesday, the lowest since April 20. It's good news for consumers and the economy. Continued lower prices "may act like a tax cut" and stimulate spending, says Richard DeKaser, chief economist at National City in Cleveland. He calculates that higher energy prices the first six months cut growth of consumer spending 1 percentage point. The U.S. average for a gallon of regular peaked this year at $3.036 Aug. 10, according to OPIS/AAA daily surveys. That's slightly under the high of $3.057 Sept. 5, a week after Hurricane Katrina battered petroleum production in the Gulf of Mexico and caused fears of fuel shortages. OPIS' Rozell figures prices will jump again next spring. |
Good news coming to a fuel dock near you?
JimH wrote: "Chuck Gould" wrote in message ups.com... Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) Another political post disguised as on topic. How clever Chuck! Fuel prices are political? Amazing. Are fuel prices liberal, conservative, democrat, republican, libertarian, or what? Election Day is a date, not a campaign slogan or political propaganda. You read too much into my comment. If I ever make another political post in this NG, you won't have to wonder whether it is or isn't. :-) |
Good news coming to a fuel dock near you?
Shortwave Sportfishing wrote:
By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. And I'd bet that I can name at least two right off the top of my head. Is one of them associated with the infamous nest of commy fag libby-rull traitors MoveOn.org? You need a tighter fitting tinfoil beany. The one you're wearing isn't keeping out the spy beams. DSK |
Good news coming to a fuel dock near you?
Harry Krause wrote:
Shortwave Sportfishing wrote: On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause wrote: Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories. By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. And I'd bet that I can name at least two right off the top of my head. That's right: it's not the oil company buddies of Bush and Cheney, it's ,,, Sorry, not buying into that one. Why not, it is just as plausible as your theory. |
Good news coming to a fuel dock near you?
Harry Krause wrote:
Bert Robbins wrote: Harry Krause wrote: Shortwave Sportfishing wrote: On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause wrote: Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories. By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. And I'd bet that I can name at least two right off the top of my head. That's right: it's not the oil company buddies of Bush and Cheney, it's ,,, Sorry, not buying into that one. Why not, it is just as plausible as your theory. Only to the uneducated, unsophisticated Bush backers. I see, you can't argue the fact so you resort to personal attacks. |
Good news coming to a fuel dock near you?
"Chuck Gould" wrote in message ups.com... JimH wrote: "Chuck Gould" wrote in message ups.com... Here's an analyst predicting something closer to $2 per gallon gasoline by Thanksgiving. (Prior to an increase again next spring). This old cynic thinks he's about two weeks off cycle. The price of refined fuel will bottom out a bit earlier than Thanksgiving......say around election day or so. :-) Another political post disguised as on topic. How clever Chuck! Election Day is a date, not a campaign slogan or political propaganda. You read too much into my comment. http://members.aol.com/hottap354/rbc1.wav Good show Chuck! ;-) |
Good news coming to a fuel dock near you?
On Thu, 31 Aug 2006 07:31:10 -0400, Harry Krause
wrote: Shortwave Sportfishing wrote: On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause wrote: Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories. By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. And I'd bet that I can name at least two right off the top of my head. That's right: it's not the oil company buddies of Bush and Cheney, it's ,,, Sorry, not buying into that one. Ask Joe what it is. He doesn't think it's the oil company guys... he thinks it's the speculators that are doing this. He even wants to turn control of the market over to the oil company guys alone. I think people tend to blame it on their favorite target of the moment. |
Good news coming to a fuel dock near you?
I *can* argue most any fact
And yet you fail to do so, time and again. You're an idiot. |
Good news coming to a fuel dock near you?
Harry Krause wrote: I posted a news article about fuel prices about, oh, a month or six weeks ago, and you jumped on it as "political," Chuckster. It might have been. Example: "Fuel prices are moving up so Bush/Cheney's BIGOIL buddies can more effectively fund GOP political campaigns this fall......." would have been political. My observation that fuel prices bottoming out in November just "happened" to coincide with election day doesn't promote or denigrate any political cause, candidate, or philosophy. It's no different than observing that interest rates usually drop in an election year. Here's some more "good news." Oil climbs back above $70 a barrel Iran, Nigeria fears nudge prices higher By Associated Press | August 31, 2006 NEW YORK -- Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories. The higher finish came after prices had traded lower for most of the day. Today marks the UN deadline for Iran, OPEC's number four producer, to halt its nuclear program. If it doesn't comply, any UN sanctions could provoke the country to retaliate by blocking exports. Meanwhile, a possible strike by oil workers looms in Nigeria, the fifth-largest supplier of oil to the United States. Light sweet crude for October delivery rose 32 cents to settle at $70.03 a barrel on the New York Mercantile Exchange after trading as low as $68.65 earlier in the day -- almost $10 below the record high of $78.40 a barrel reached July 14. Yesterday's rise in crude futures ended two days of sharp drops that brought them roughly 10 percent below their level of three weeks ago. ``Unless there's a major sea change in market, or unless you believe the economy is going to collapse, you've got to believe the correction is over," said Alaron Trading Corp. analyst Phil Flynn. Gasoline futures rose 1.58 cents to $1.805 a gallon. Heating oil futures rose 0.64 cent to $1.9496 a gallon. Brent crude on London's ICE futures exchange rose 32 cents to settle at $70.18 a barrel. US crude inventories rose 2.4 million barrels to 332.8 million barrels in the week ended Aug. 25, or 6.2 percent above year-ago levels, the EIA said yesterday. Gasoline inventories rose 400,000 barrels to 206.2 million barrels, or 4.6 percent above last year's levels. Distillate fuels rose 1.3 million barrels to 136.8 million barrels, with just 300,000 barrels of the rise attributable to heating oil. Distillate inventories are slightly below where they were last year. The main reason crude inventories rose so much last week was because of surging imports, not increased domestic production. ``The question is: Is that going to continue? More than likely, it'll be a short-term phenomenon," Flynn said, noting those import levels are difficult to maintain. Furthermore, US demand for gasoline, diesel, and heating oil is still going strong, as is jet fuel demand -- up 2.8 percent over the last four weeks from last year, despite a thwarted terror attempt at a London airport that some traders thought might deter travelers. |
Good news coming to a fuel dock near you?
JimH wrote: Good show Chuck! ;-) Nah. I suspect that *you* probably believe that the GOP controls fuel prices and so you're hyper-sensitive to any mention of the topic as "political". |
Good news coming to a fuel dock near you?
On Thu, 31 Aug 2006 07:31:10 -0400, Harry Krause
wrote: Shortwave Sportfishing wrote: On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause wrote: Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories. By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. And I'd bet that I can name at least two right off the top of my head. That's right: it's not the oil company buddies of Bush and Cheney, it's ,,, Sorry, not buying into that one. The two in discussion, I believe, are "...the most intellectually deficient...". Both of you have jumped in already. -- ****************************************** ***** Hope your day is great! ***** ****************************************** John |
Good news coming to a fuel dock near you?
Bert Robbins wrote: Harry Krause wrote: Bert Robbins wrote: Harry Krause wrote: Shortwave Sportfishing wrote: On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause wrote: Oil prices rose above $70 a barrel yesterday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing US inventories. By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. And I'd bet that I can name at least two right off the top of my head. That's right: it's not the oil company buddies of Bush and Cheney, it's ,,, Sorry, not buying into that one. Why not, it is just as plausible as your theory. Only to the uneducated, unsophisticated Bush backers. I see, you can't argue the fact so you resort to personal attacks. Oh, what a gem!! This from the person that posts NOTHING BUT personal attacks!!!!!! |
Good news coming to a fuel dock near you?
You need a tighter fitting tinfoil beany. The one you're
wearing isn't keeping out the spy beams. Shortwave Sportfishing wrote: Well, it's the same model you use to keep out the Bush-Cheney spy beams. No way. My tinfoil beanie is the military issue carbon fiber model. DSK |
Good news coming to a fuel dock near you?
On Thu, 31 Aug 2006 10:44:40 GMT, Shortwave Sportfishing
wrote: By now it should even be obvious to the most intellectually deficient that the market is being driven by politically motivated speculators with huge dollars - they are determined to keep the price of at a high level to drive this economy into the ground to punish Bush. That's an interesting conjecture, right up there with the theories that the WTC attack was a CIA plot to justify invading Iraq or some such. Actually I have it on good authority that high fuel prices are a massive conspiracy to punish me for owning a couple of power boats. |
Good news coming to a fuel dock near you?
On Fri, 01 Sep 2006 10:41:08 -0400, Wayne.B wrote:
Actually I have it on good authority that high fuel prices are a massive conspiracy to punish me for owning a couple of power boats. Damn, now that you have found me out, at least tell me, is it working? ;-) |
Good news coming to a fuel dock near you?
On Fri, 01 Sep 2006 15:13:40 -0000, "thunder"
wrote: Actually I have it on good authority that high fuel prices are a massive conspiracy to punish me for owning a couple of power boats. Damn, now that you have found me out, at least tell me, is it working? ;-) Sort of. I actually saw this coming a couple of years ago which is why we ended up buying a trawler instead of a motoryacht or sportfish. |
Good news coming to a fuel dock near you?
|
Good news coming to a fuel dock near you?
$3.55 at Pt Ludlow the other day!. Yes $3.55!
G wrote in message oups.com... -rick- wrote: wrote: It's already dropped somewhat around here. $2.67 for cheapo. alot better than $3.12 I was in Michigan recently and it could be had for under $2.50 BTW...I've never seen so many used boats for sale as on a short drive up to Algonac. -rick- $2.42 here today |
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