Posted on 09/19/2006 6:09:31 AM PDT by Dubya
Hopefully, they did not lock in their winter supply earlier in the year. If they have not then you should be seeing some substantial price drops over the next few months.
I can almost guarantee it. There will probably be a month or two lag, but since they can not make a profit on the commodity price - price reductions are passed along to the consumer.
Several of the hedge funds (from a story this weekend) have lost every penny they made in this year's crude oil runup. As an old 2 oil trader pal of mine once said, "Pigs get fat. Hogs get slaughtered."
GREAT --- does that mean we're taking over the oil fields and denying the muzzies oil revenue they plow into terrorist activities?
Great News on the gasoline prices...makes me feel better about this headline in my local paper....
"ELECTRICITY RATES To SKYROCKET"
http://www.pjstar.com/stories/091606/REG_BAVN16V5.006.shtml
Are we all just being played, or is all of this just happening due to real market forces?
Cutting edge of hindsight....
Funny, that didn't stop Washington Gas from telling me that prices were going to be much higher this winter than last. Bastards.
Those are socialist goals, and socialist goals never work. If the solution isn't market driven, it won't happen.
I like .40 a gallon. That would be good.
They must have bought their winter supply contracts high.
I remember when gas went to a buck a gallon. Here they didn't have pumps that went over a buck a gallon, so what they figured out to do was set it at 50 cents a gallon and double whatever price you pumped out.
So, in essence, if you pumped out five bucks at 50 cents a gallon, you paid the cashier ten bucks.
If Soros guessed wrong on gas prices---he's losing bigtime.
However, no big deal. Soros has an endless pot of dirty money being laundered globally that he accesses at will.
Funny how it's Bush's fault when gas prices go up, as evidenced by his poll numbers at that time.
However when gas prices go up, that is the only reason Bush's poll numbers go up.
Just .40/gal in taxes would a relief.
Same here in Phoenix, Az.
It was 99 cents in 1996 and Mark Shields told the NewsHour people - "the reason Bill Klinton will be reelected is that gas is ounder a dollar which makes people feel good enough to return him to office." Watch the same things happen for Republicans as gas drops below $2.00 during October.
Following Bush's UN speech, bulk gasoline is down 5 cents on the day. That is a fairly large move.
Why isn't anybody catching on that
GAS IS GOING UP AGAIN.
It shot up to 2.35 from 2.19 yesterday alone.
I am curious as to why this is happening with all the prediction it would just keep falling.
But, according to KS Gasprices.com....is UP, not down.
Here in Central KS, the prices have started creeping back up again.
Hmmmm….. I don’t know. Check out this site. Seems things are cheaper in the east.
http://www.kansasgasprices.com/index.aspx
Saturday evening I was out and gas was $2.26, then last night the same station was down to $2.16.
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