It's good news to few but most people don't care about the price of oil when the gas prices have gone up to nearly $3.00 a gallon and it's not good news to commodities investors that want high oil cost.
FYI...
Prices also slipped as Royal Dutch Shell said it expected to restart a key Gulf of Mexico oil and gas field by the end of May, ahead of plan. The 140,000 barrel-per-day Mars platform was damaged by Hurricane Katrina last year.Cool.
This Week in Petroleum: $3 per Gallon?
(Department of Energy weekly press release on April 19)
Department of Energy | April 19, 2006
Posted on 04/20/2006 7:15:39 PM EDT by snowsislander
http://www.freerepublic.com/focus/news/1618597/posts
Sorry, I meant that to be a blank "To" field. :'(
I have a dream of speculators and commocity traders who ran up the price of oil losing their asses. I know it wont happen but I can dream , cant I?.
$80 a barrel by summer and $3.50 gallon of gas is going to begin a marked slowdown of our economy in late 2006, early 2007, great news for the Dems on the 2008 POTUS race, horrible news for the American public and business owners alike.
For all read every entry. In light of all the oil debates, here is one.
Should Florida support the drilling for oil in the Gulf of Mexico?
Please vote at:
http://snappoll.com/poll/90298.php
thanks. The data will be used for a term paper for school.
Gold dropped back a little, too. Silver and copper also. Those stocks took a good hit.
Spoken like a true Chinese water-torture victim with a new paper towel.
Senator Mike DeWine has voted against drilling in ANWR four times
Bill Pierce, US GOP Senate Candidate to Unseat Mike DeWine in Ohio, on ANWR and Energy
http://www.freerepublic.com/focus/bloggers/1618628/posts?page=1
...if every auto would burn just a gallon less per week (that means the driver of course)...
http://www.onlineconversion.com/volume.htm
42 gallon [US, liquid] = 1 barrel [US, petroleum]
2,000,000 barrel [US, petroleum] = 84,000,000 gallon [US, liquid]
There are in excess of 200 million vehicles; if only 84 million burned one less gallon per week...
Bush warns looters, urges Americans conserve gas
Reuters | Sep 1, 2005 | Steve Holland, Caren Bohan, and Adam Entous
Posted on 09/02/2005 6:26:15 AM PDT by grundle
http://www.freerepublic.com/focus/f-news/1475533/posts
[http://www.freerepublic.com/focus/news/1473964/posts?page=169#169]